Insider Trading Scandals

Scandal Categories
Displaying 7 Scandals
Sorted by When News Broke
  • Mike Garcia [R-CA]
    secretly sold up to $50,000 of Boeing shares mere days before a House committee he was on released a highly critical report about the company and then failed to disclose the sale for more than two months and only reported it after he won reelection in a race he won by a mere 333 votes
    13 Dec 2023
  • Steve Buyer [R-IN]
    illegally profited more than $223,000 by acting on insider information to purchase shares of Navigant Consulting stock shortly before it was acquired by another consulting firm
    19 Sep 2023
    According to charging documents filed by federal officials
  • Steve Buyer [R-IN]
    illegally made more than $126,000 in profit after receiving confidential information about T-Mobile's intention to acquire Sprint from a T-Mobile executive at a golf outing
    19 Sep 2023
    According to charging documents filed by federal officials
  • Richard Burr [R-NC]
    Cashed in between $628,000 and $1.72 million in stocks from companies seen as vulnerable to the burgeoning COVID-19 outbreak over a series of 33 separate transactions after receiving confidential briefings as chair of the Senate Intelligence Committee
    06 Jan 2023
    According to financial disclosures reported on by the media
  • Madison Cawthorn [R-NC]
    promoted a new cryptocurrency he had secret information on one day before it was released to the public without disclosing his investment as required by law
    26 Apr 2022
    The House Ethics Committee ordered Cawthorn to pay $14,237.49 to charity after their investigation concluded he acted improperly
  • Jack Brewer
    illegally raked in a $35k profit after selling 100,000 shares of "penny stock" COPsync after receiving confidential information that it was about to crash
    25 Aug 2020
    According to charging documents filed by federal officials
  • Chris Collins [R-NY]
    illegally gave insider information to his son and others to help them avoid more than $700k in losses by selling their stock in a biotech company before news of a multiple sclerosis drug trial failing FDA authorization went public causing the stock to drop 90%
    08 Aug 2018
    He pled guilty to insider trading and was sentenced to 26 months in federal prison before Donald Trump pardoned him only two months into his sentence