U.S. Representative Christopher Collins, center, leaves federal court in Foley Square after his arrest and arraignment on insider trading charges and charges of lying to federal agents. With him is his lawyer, Jonathan Barr of BakerHostetler, right.
The upstate Republican allegedly passed along nonpublic information to his son from an Australian drug company whose board he sat on in 2017, Manhattan federal prosecutors said.
August 08, 2018 at 10:19 AM
1 minute read
Upstate Congressman Christopher Collins, his son, and another co-defendant have been indicted in the Southern District of New York on multiple conspiracy charges, including insider trading, as well as securities and wire fraud charges, the U.S. Attorney’s Office for the Southern District of New York announced Wednesday.
The charges relate to Australian biotech company Innate Immunotherapeutics, where Collins served on the board of directors, according to federal prosecutors.
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