Senators Sued Over Stock Sales After Novel Coronavirus Briefing

(April 1, 2020, 9:09 AM EDT) -- ATLANTA — An investor sued three U.S. senators in Georgia federal court on March 27, alleging that the defendants used information obtained during a confidential U.S. Senate Intelligence Committee briefing on the novel coronavirus pandemic to dump their shares in various publicly held companies for their own personal gain in violation of the Stop Trading on Congressional Knowledge Act of 2012 (STOCK Act) and federal securities law (Shomial Ahmad v. Richard M. Burr, et al., No. 20-1332, N.D. Ga.)....

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