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Sen. Richard Burr hit with a lawsuit for selling stock ahead of coronavirus pandemic
LaCorte News ^ | 3/25/2020 | LaCorte News

Posted on 03/25/2020 11:59:06 AM PDT by Zenyatta

Sen. Richard Burr (D-NC) is facing a lawsuit for allegedly taking advantage of inside information to sell shares of his stock before the coronavirus outbreak sent the market plunging.

The lawsuit was filed by Thomas P. O’Brien, a former federal prosecutor, on behalf of Wyndham Hotels shareholder Alan Jacobson, on Monday in Washington, DC. It alleges that Burr violated the law when he dumpled up to $1.7 million in stocks before the pandemic caused the global markets to collapse.

(Excerpt) Read more at lacortenews.com ...


TOPICS: Issues
KEYWORDS: coronavirus; insidertrading
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To: LeonardFMason

My bad, I assumed NC would have a republican governor.


41 posted on 03/25/2020 1:44:59 PM PDT by entropy12 (You are either for free enterprise or want gov't to guarantee your wages.)
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To: entropy12

Govenor is a Democrat.


42 posted on 03/25/2020 2:07:29 PM PDT by tired&retired (Blessings)
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To: tired&retired

RECALL!


43 posted on 03/25/2020 2:41:33 PM PDT by princess leah (Princess Leah)
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To: Zenyatta

What about Sens Loeffler and Feinstein?


44 posted on 03/25/2020 2:44:28 PM PDT by Jane Long (Praise God, from whom ALL blessings flow.)
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To: tired&retired

NC has a demonrat gov? Surprised!


45 posted on 03/25/2020 3:17:24 PM PDT by entropy12 (You are either for free enterprise or want gov't to guarantee your wages.)
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