GOP Congressman Arrested on Insider Trading Charges
08 August, 2018, 20:28 | Author: Charlene Valdez
Collins gained personal benefit and provided nonpublic information to his son Cameron Collins who sold almost $1.4 million of Innate Immunotherapeutics shares, according to a complaint filed by the Securities and Exchange Commission.
Also charged were his son Cameron Collins, and Stephen Zarsky, the father of Cameron Collins' fiancée.
The indictmentcharges Collins with notifying his son, Cameron Collins, of the failed test just minutes after he learned the news.
Trump "needs to put a pin in that", says panelist
Fox News national security strategist Sebastian Gorka reacts to media frenzy over Trump Tower meeting on 'Hannity'. One of Mr Trump's lawyers, Jay Sekulow , said on Sunday that the meeting had nor broken any laws.
The U.S. Attorneys Office declined to offermore details to The Hill.
Collins' seat was considered vulnerable even before the charges were announced, and he was targeted in a push by Andrew Cuomo, the governor, and other New York Democrats seeking to unseat him as the party looks to take control of the House of Representatives in November's midterm elections.
Lawyers for Collins released a statement expressing confidence he would be "completely vindicated and exonerated". He is accused of using inside information about a biotechnology company to make illicit stock trades. Collins, per the indictment, served on the company's board of directors. Prosecutors say Cameron Collins then passed the information along to Zarsky, who made a trade.
The firm's stock plunged by more than 92% after it was revealed that a multiple sclerosis drug it was developing had failed trials.
Collins was one of President Donald Trump's earliest supporters and acted as the congressional liaison for Trump's 2016 campaign. The outside, non-partisan Office of Congressional Ethics began a review of Collins' activity in March 2017 and voted to send its findings to the House ethics panel that July, which can formally launch investigations and recommend any sanctions against any lawmaker it determines has broken any rules.
According to the indictment, the elder Collins was not able to sell his stock because it was held in Australia, where trading had been halted in advance of the company's announcement.
Putnam earned $$612,000, a two-year tour exemption and a spot next week in the PGA Championship at Bellerive Country Club in St. Woods, an eight-times champion at Firestone, dismissed speculation that his surgically-repaired back had bothered him.
Seagal, who occasionally appears on Russian state television, said he welcomed the appointment, Reuters reported. The Hard To Kill action star is an accomplished martial artist, just like Russian president Vladimir Putin .
"We are in a position in America where this race thing has taken over", James said Monday in an interview with CNN's Don Lemon . He sits down with @donlemon at the opening of his new elementary school for at-risk children in his hometown of Akron, Ohio .
Jolie claims there was an "informal agreement" for child support , but the Fight Club actor has not honored it. It's not been made clear what agreement they previously reached, if any, regarding child support.
Why Samsung was forced to accelerate was all their in the news reports and its roll-out for the new Galaxy Note 9 flagship phone. A poster leaked by Twitter user Ice Universe also recently, though it highlighted the new Galaxy Note model in Purple colour.
Over the past year, it has hired more than a half-million Americans and stands as the leading job-creating sector. He has raised starting pay roughly 10 percent in the past two years, from $60,000 to between $65,000 and $70,000.
Earlier on Saturday, a small plane carrying two parents and their two children crashed in the nearby canton of Nidwalden. The mountainous area in south-eastern Switzerland is popular with hikers and skiers and includes a glacier.
Los Angeles Lakers' LeBron James might have gone Hollywood but that doesn't mean he forgot about his hometown. Although James is leaving after his second stint with the Cavaliers, Carrie believes his work in OH remains.
A team of 188 specialist Australian and New Zealand firefighters are also on the ground in California to help battle the blazes. Varney's radio wasn't communicating with headquarters, so his assistant relayed messages - until they lost contact.
If China follows through on the threat, almost 90% of all United States goods heading to China will be subject to tariffs . In a statement , the Commerce Ministry said China could add duties of 5, 10, 20 or 25 percent on 5,207 types of US imports.
If the US wants negotiations, it should stop pressures and sanctions, Qasemi was quoted as saying by official IRNA news agency. This accounted for 35 percent of Iranian exports last month, according to ship-tracking data compiled by Bloomberg .
Demi Lovato's assistant thought she was dead
She celebrated six years of sobriety in March, but appeared to reveal she'd relapsed in a song, " Sober ", released in June. Star in an unconscious state was found by her assistant and, fearing that she was dead, began to shout ("She's dead!").
Moss Moments from No. 84's Hall of Fame Speech
They were going to mail it to him Saturday. "Kobe Bryant, thanks for showing me what passion and love for your craft looks like". He discussed Saturday the impact his family, friends and teammates had on his career. "Just know how much I respected the game.
Human case of West Nile virus confirmed in west Tennessee
Eight counties have mosquitoes that have tested positive for West Nile, according to the Idaho Department of Health and Welfare . It's also important for residents to eliminate standing water around their homes, an ideal breeding ground for mosquitoes.
Osama Bin Laden's Mum Has Broken Her 17-Year Silence
Usama bin Laden's brother has pleaded with the Al Qaeda founder's son Hamza not to follow in his infamous father's footsteps. She said bin Laden was radicalized at the King Abdulaziz University in Jeddah, where he was studying economics.
College Lake Dam ‘stable’ after heavy rain
A flash-flood watch is in effect through 6 pm Friday in Lynchburg, with 1 to 3 more inches of rain expected. If you are in low lying areas below the College Lake Dam, you should move to higher ground immediately .