“After two years of lawsuits, a court finally unsealed key evidence from the FBI’s 2020 investigation of North Carolina Sen. Richard Burr for allegedly trading stocks based on nonpublic information,” CNBC reports.
“Public records at the time show that Burr abruptly liquidated more than half of his and his wife’s equity holdings in February of 2020, when most of the world had yet to focus on the looming coronavirus crisis.”
“Burr was ultimately not charged with breaking any laws, but the newly released records show FBI agents believed Burr had committed insider trading and securities fraud.”
CNN: Burr avoided tens of thousands in losses with “well-timed” stock sales in beginning of pandemic.