Posted on 03/24/2020 6:53:02 PM PDT by upchuck
(Highlighting mine.)
Sen. Richard Burr (R-N.C.) is being sued after selling shares in a hotel company while possessing confidential information about the potential impact of the coronavirus pandemic.
Alan Jacobson, a shareholder in Wyndham Hotels and Resorts, sued Burr in federal court on Monday, alleging that the senator used private information to motivate a mass liquidation of his assets. It is illegal for senators to use nonpublic information in conducting securities exchanges...
Senator Burr owed a duty to Congress, the United States government, and citizens of the United States, including Plaintiff, not to use material nonpublic information that he learned by virtue of his duties as a United States Senator in connection with the sale or purchase of any security, said Jacobsons lawsuit, filed in U.S. District Court for the District of Columbia.
(Excerpt) Read more at politico.com ...
Burr could use some Karma blow-back on any number of issues.
Congrats Dems, for taking over the Senate.
He should probably go now. Even though it means we lose the senate.
Wasnt he retiring?
Put this Never Trump swine in jail, the sooner the better.
The potential for the Chinese Communist Bioweapon was clear and was a topic of conversation in January.
The information wasn’t secret anymore by then.
NFW
Let him fight it out. Keep Senate for Judges morons.
No he shouldn’t.
The information wasn’t secret anymore way back in January even if the idiot shareholder wasn’t paying attention.
So where is Bob Menendez again and why do their crooks get to stay?
Read the article.
Burr is planning to retire at the end of 2022.
Ex-Senator walking...
or
Pre-Felon walking...
Yep, they’d gladly sacrifice Feinswine, probably gonna retire anywho, and a safe dem seat. There’s a time and place for everything, this ain’t it. Too much evil going around. Gov. about to create trillions out of thin air, this is peanuts.
Parallel Universes.
I was surprised that the Market couldn't see that far ahead.
Then there is "Don't Fight the Tape". It's a duality of reality....
Then he needs to remove himself from the Intelligence committee now.
I want Burr gone but NOT at cost of Senate. This is DUMB ASS Stupid. The SWAMP is FULL of these grifters. NOW we demand Burr give his seat away without letting him fight? NFW!
Congrats Dems, for taking over the Senate.
....,
Well if that happens and the rats hold the house, President Trump will be impeached the day after inauguration.
What about Fienstien? She sold millions too. ...
Shareholder suit? How does one go about buying shares of Richard Burr anyway?
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