* Bonnie Hoxie gets three years' probation in trading case
* Hoxie pleaded guilty to conspiracy and wire fraud
* Vulnerable to manipulation in insider trading case-judge
By Grant McCool
NEW YORK, Feb 22 She did it for love, a
designer handbag and shoes.
Bonnie Hoxie, a former Walt Disney Co (DIS.N) executive's
secretary, told a federal judge on Tuesday she was "blindsided
by love" and "did not make the correct choices" in giving
confidential company information to her then-boyfriend a year
The judge sentenced the 34-year-old Hoxie to three years'
probation for her role in the misguided insider trading caper.
She pleaded guilty in September to charges of conspiracy and
"It was completely irresponsible, complete bad judgment," a
tearful Hoxie told Judge Alvin Hellerstein in U.S. District
Court in New York.
The sentence calls for four months home confinement, but
Hellerstein said Hoxie could continue to work her two jobs
daily as a waitress in Los Angeles. The judge also ordered her
to serve 100 hours community service.
"She is a vulnerable person and she was manipulated by
someone who thought to gain something quick," the judge said.
Hoxie's former boyfriend, Yonni Sebbag, was sentenced to 27
months in prison on Jan. 28 after pleading guilty to trying to
sell information to hedge funds about Disney's earnings and
possible mergers. He agreed to forfeit $15,000.
In a civil complaint, the U.S. Securities and Exchange
Commission said Hoxie had told Sebbag she coveted expensive
shoes and a $700 Stella McCartney handbag.
The pair were arrested when the hedge funds alerted
authorities. Undercover FBI agents lured Sebbag into a meeting
in New York and then later arrested them.
The cases are U.S. v. Hoxie, U.S. District Court, Southern
District of New York, No. 10-00879 and USA v Sebbag No.
10-00753 in the same court.
(Reporting by Grant McCool; Editing by Gary Hill)