Stocks - Page 2

SEC: Richard Burr, Brother-in-Law Used ‘Nonpublic Information’ to Trade Stocks Before Market Dropped

Sen. Richard Burr (R-NC) had “material nonpublic information” revolving around the coronavirus pandemic’s impact when he directed his stockbroker to dump over $1.6 million in stocks a week before the market drastically dropped in March of last year, in addition to telling his brother-in-law who then did the very same, according to federal court filings.

WASHINGTON, DC - SEPTEMBER 30: Sen. Richard Burr (R-NC) gives an opening statement during