Judge rejects Chris Collins' bid for more evidence; bars talk of ethics investigation at trial

[Marcuse]

This discussion thread was locked as off-topic by JudyM (a host of the Latest Breaking News forum).

Source: Buffalo News

NEW YORK — A federal judge has dealt a blow to Rep. Chris Collins' defense team, rejecting two motions aiming to force prosecutors to release more of the evidence they have against the Clarence Republican, who is charged with felony insider trading.

U.S. District Court Judge Vernon S. Broderick rejected the Collins' lawyer's motion seeking evidence that could conceivably indicate that prosecutors violated the congressman's rights under the Constitution's "Speech or Debate" clause.

Read more: https://buffalonews.com/2019/09/11/judge-rejects-chris-collins-bid-for-more-evidence-bars-talk-of-ethics-investigation-at-trial/

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The first Member of Congress to endorse trump committed insider trading on the White House grounds.

[NBachers]

1. Nate McMurray is a kick-ass Democrat running against Chris Collins. Check him out & give him love.

https://votemcmurray.com/

https://www.facebook.com/nate.mcmurray27/

https://secure.actblue.com/donate/dw_ny27

[riversedge]

2. Good article--Here are the details of Collins alledged insider trading at a WH picnic...........

.....Prosecutors say Rep. Collins launched a series of insider stock trades with a cell phone call to his son from a White House picnic in late June 2017.

As guests gathered for the picnic, Collins — then an Innate Immunotherapeutics board member — got an email from the company's CEO with devastating news. The company's only product, an experimental treatment for secondary progressive multiple sclerosis, had failed in clinical trials.

Rep. Collins' stock was held in Australia, where trading in Innate stock had been halted, and he didn't sell any of his shares. But prosecutors say that thanks to the insider information Cameron Collins got from his father, the younger Collins was able to quickly dump his Innate stock on the U.S. over-the-counter market, thereby saving himself from $570,900 in losses.

Prosecutors also allege that Cameron Collins told Zarsky the bad news, prompting him to sell his Innate shares, too, thereby avoiding $143,900 in losses.

[Marcuse]

3. Key Evidence

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One of the key allegations made in the indictment is that on the evening of June 22, 2017, at 7:16 p.m., Collins placed a phone call to his son in which he "told him, in sum and substance, that MIS416 had failed the Drug Trial," and that his son proceeded to sell 1,391,000 shares of stock over the next three days, allowing him "to avoid approximately $570,900 in losses."

On Wednesday afternoon, WIBV released footage of Collins during the exact period the indictment alleges him to have placed the call. It does indeed show him making a call — while standing on the White House lawn.

[link:https://www.alternet.org/2018/08/footage-chris-collins-alleged-insider-trading-released/amp/|

[JudyM]

4. Locking.

Post the latest news from reputable mainstream news websites and blogs. Important news of national interest only. No analysis or opinion pieces. No duplicates. News stories must have been published within the last 12 hours. Use the published title of the story as the title of the discussion thread.

Only the final ruling in a case like this may meet LBN’s importance standard, so please post in GD instead. Thanks.