Sen. Richard Burr sued over stock sales ahead of coronavirus crisis

Sen. Richard Burr sued over stock sales ahead of coronavirus crisis

A federal lawsuit filed against Senator Richard Burr accuses him of having sold his stock holdings after having received intelligence briefings about the impact the coronavirus crisis could have on the economy of the US. An investor in the Wyndham Hotel chain accused the Senator of selling his shares before they registered a nearly two-thirds drop in value when the virus was declared a pandemic.

pennydreadful
pennydreadful
Rational
Rational 2 months

Yet nothing will be done about this corruption in Congress.

TheCurrentModality
TheCurrentModality 2 months

Democray or Republican, this is disgusting. Fine if the sell or buy after announcements. Buying or selling before any public announcemenynis abuse if your power. Let's just primary these self centered dolts.

Otis B Driftwood
Otis B Driftwood 2 months

This winds up being the same as insider trading, which is illegal for the rest of us. If it's wrong for us to trade on information that's not publicly available, it's wrong for them.

Mutatis
Mutatis 2 months

Meh, we shall see how this goes, yet it does not appear any direct evidence of wrongdoing has been forth yet. In any case, the suit, or existing federal investigation, will likely turn up whether there was anything nefarious or not.

Michael Hedderson
Michael Hedderson 2 months

'I only saw publicly available data in relation to the sale of these stocks'. Right, and my name's Oprah Winfrey, I'm married to the Pope and I'm currently the President of China. I'm also 173 years old.

Fin
Fin 2 months

It's breech n misuse of publics trust...

Fin
Fin 2 months

Ms Roby looks good in her suit

funcrush
funcrush 2 months

He should get jail time, but that won't happen. I wonder why people are angry.

Joseph Cribari
Joseph Cribari 2 months

Good, go get em

Pamela
Pamela 2 months

And what about the rest of them? Round them all up. Nancy Pelosi and the rest of them! I don’t care which side of the aisle they are sitting on. We may as well throw them all out and elect new ones. I’m more than ready for a “do over.”

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