Court: Chris Collins and Insider Trading

court: The charges that have been levied against me are meritless, Collins said Wednesday, according to CNN. And I will mount a vigorous defense in court to clear my name. Chris Collins vowed to fight the criminal charges against him in court and win re-election, hours after federal prosecutors arrested him on accusations that he took part in insider trading. I look forward to being fully vindicated and exonerated. He could face up to 150 years in prison if convicted on all counts, according to Nick Biase, a spokesman for the US Attorney's Office of the Southern District of New York. Federal prosecutors on Wednesday charged Collins, his son and another man with 13 counts of securities fraud, wire fraud and false statements stemming from an alleged insider trading scheme centered on an Australian pharmaceutical company. (news.financializer.com). As reported in the news.

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