in stocks. he called his brother-in-law. the two men talked for 15 seconds. according to the sec, he had material nonpublic information about the coronavirus. after that, he talked to his brother-in-law. the very next minute, burr s brother-in-law called his broker. pro publica previously reported that his brother-in-law had dumped stock the same day burr did, but it was unknown the two men spoke that day, and the contact came just before the brother-in-law was dumping stock himself. the cdc reveals there is also an insider trading investigation on
coronavirus. he said, the united states today is better prepared than ever before to face emerging health crises like the coronavirus. meanwhile, he was selling all of his stock, calling his brother-in-law saying who knows what he said, but one minute after the call, the brother-in-law sold all his stock, too. senator burr did resign from the intelligence committee chairman chairmanship after the resigned last year. his lawyer told pro publica, quote, senator burr did not coordinate his decision to trade on february 13 with his brother-in-law, mr. fauth. that s what his lawyer is saying
senator burr and his brother-in-law. in its filings, the cdc says he had an impact on the incoming coronavirus crisis, as a member of the health committee and his staffers who delivered some people who come to his house. sold between 97,000 and $280,000 worth of shares in six companies, including several that have been hit particularly hard in the market swoon and economic downturn. senator burr did have information about his selloffs. he made sure america was well prepared to handle the
stock in february, and burr reported liquidating that stock because it had been a week since it happened. how did he know to do that? he used non-public information he had as a senator as the basis for that stock sale. he denied it. he has denied it all along. he said there was nothing special about why he sold that stock, there is nothing to see. and the last day of the trump administration, he was told he would not be criminally charged. but when it comes to the strength of that case, look at this. this is today from pro publica. quote, in february 2020 a week before the coronavirus market clash, burr dumped $1.6 million