Peter_Bacanovic Peter_Bacanovic

Peter Bacanovic - Definition and Overview

Peter Bacanovic was Martha Stewart's stockbroker involved in the ImClone scandal.

Bacanovic grew up in New York City and graduated from Columbia University in 1984. He received his masters of business administration (MBA) from New York University in 1988.

Before beginning work at Merrill Lynch in 1993, Bacanovic spent time in marketing at ImClone.

He is also a convicted criminal, having been found guilty by a jury of his peers for improper handling of stock transactions. On July 16, 2004, he was sentenced to five months' imprisonment and five months of house arrest, followed by two years' probation.

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