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On June 22, 2017 Rep. Chris Collins, R-NY, was at the White House for the annual Congressional picnic when he received an email. The chief executive of Innate Immunotherapeutics had “bad news to report,” according to court records. A multiple sclerosis drug the Australian firm had been developing failed a clinical test. Collins, who served on the company’s board of directors, replied “Wow. Makes no sense. How are these results even possible???” A minute later, according to court records, Collins began a series of phone calls to his son Cameron to tip him off to the test results “anticipating Cameron Collins would use it to trade and tip others.” The test results were made public four days later and Innate stock dropped 92 percent. By then, however, Collins, his son and his son’s future father-in-law had avoided $768,000 in losses.
While I agree that inside trading is evil and must be stopped no matter which party they represent, but one thing about your post title...It should read 'alleged' inside trading.
While I agree that inside trading is evil and must be stopped no matter which party they represent, but one thing about your post title...It should read 'alleged' inside trading.
That part of the title is word for word taken from ABC News.
Republicans don't' seem hard on crime. It seems they ARE the crime.
Oh please the crime is in both parties...how do you think people run for an office that pays $174K and lives in a high price city like DC and leaves office a millionaire? How do you think Maxine Waters lives in $4 million dollar house?
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