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#Breaking: Republican Rep Chris Collins resigned and it’s rumored that he will plead guilty to insider trading charges.
Rep Christopher Collins pleaded guilty to insider trading & lying to the FBI.
Collins sat on the board of #BigPharma company Innate Immunotherapeutics, who developed a multiple sclerosis drug that failed, and was also one of its biggest shareholders.
Collins sat on the board of #BigPharma company Innate Immunotherapeutics, who developed a multiple sclerosis drug that failed, and was also one of its biggest shareholders.
The day after Innate sent an email to their board, which included Collins, that their MS drug trial MIS416 failed, Collins son Cameron started selling off his own shares of Innate. Cameron Collins also told 6 other people, who also sold their shares.
Rep Chris Collins, his son Cameron, and Cameron’s soon-to-be father-in-law Stephen Zarsky all lied to the FBI when they were interviewed, in an attempted cover up.
