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⚡️Kathy E Gill @kegill
, 4 tweets, 2 min read Read on Twitter
Chris Collins, R-N.Y charged with using "his position with an Australian biotech firm to help his family make illicit stock trades — and avoid more than $768,000 in losses.... also charged with lying to the FBI."
Quotes are from the @NBCNews story linked to by @MotherJones

nbcnews.com/politics/polit…
June 2017: Collins "passed along material that was nonpublic regarding the results of a drug trial — meant to treat an advanced form of multiple sclerosis — so his son 'could use that information to make timely trades in Innate stock and tip others'."
June 22: Collins learns drug trial fails via CEO email to board
Flurry of emails, phone calls; dumped stock
June 26: "news of the failed drug trial was made public and the stock took a nosedive"
If this is NOT insider trading, then the law must be changed.
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