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Georgia Sen. Perdue’s stock trades were being investigated by DoJ: Report

Georgia Sen. Perdue’s stock trades were being investigated by DoJ: Report

A report has claimed that the DoJ was investigating Georgia Senator David Perdue’s stock trades. The DoJ’s suspicion was around when it stumbled upon an email which suggested that Perdue was made aware of ’upcoming changes’ within a company two days prior to a major stock sale. The probe focused on the timing of Perdue’s sale of $1-5M in Cardlytics stock at $86/share before it plunged in late Jan

Chris
Chris
Mutatis
Mutatis 2 months

"The DOJ ultimately concluded that the email contained no meaningful nonpublic information and declined to pursue charges, closing the case this summer, according to the NYT." “The bi-partisan Senate Ethics Committee, DOJ and SEC all independently and swiftly cleared Senator Perdue months ago, which was reported on," Perdue spokesperson John Burke said, according to the Associated Press." So we have a story that was apparently resolved months ago, seemingly clearing the Senator, that just happened to be revived with 'new' information, which is actually old, about a month before his hotly contested Georgia election. I have to say, that is mighty convenient.

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