Markets

GOP congressman Chris Collins will plead guilty to insider-trading charges

GOP congressman Chris Collins will plead guilty in an insider-trading case, Bloomberg reported Monday, citing court documents and sources close to the matter. The House Representative for New York’s 27th District first pleaded not guilty after being arrested in 2018. His son, Cameron Collins, and the father of Cameron’s fiancee, […]
GOP congressman Chris Collins will plead guilty to insider-trading charges
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A slew of major scandal-plagued candidates won their elections

Four high-profile congressional candidates who were plagued by scandals won in Tuesday night’s midterm elections. Republicans Reps. Chris Collins and Duncan Hunter, both under federal indictment, won reelection in New York and California, respectively. Democratic Sen. Bob Menendez, who avoided conviction on corruption charged in 2017 amid a hung jury, […]
A slew of major scandal-plagued candidates won their elections
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Prosecutors say GOP congressman charged with securities fraud committed insider trading while he was at a White House picnic

The criminal indictment against Rep. Chris Collins alleges that he committed insider trading at the 2017 White House congressional picnic. Collins conveyed “material, nonpublic information” about an Innate Pharmaceutical drug failing a clinical trial via phone calls to his son, according to the criminal complaint. Collins, who represents New York’s […]
Prosecutors say GOP congressman charged with securities fraud committed insider trading while he was at a White House picnic
News

FBI arrests GOP congressman on insider-trading charges

Rep. Chris Collins, a New York Republican, was arrested by the FBI and charged with securities fraud. Federal prosecutors say Collins engaged in insider trading of the stock of Innate Immunotherapeutics, an Australian biotech company for which Collins was a board member. A congressional ethics report in 2017 found that […]
FBI arrests GOP congressman on insider-trading charges