BREAKING: Fmr. New York Rep. Christopher Collins was sentenced to 26 months in federal prison for conspiracy to commit insider trading and lying to the FBI.
Collins told the courtroom that after he learned about the failure of a drug trial from the company's CEO, he called his son to alert him. Collins told his son he could trade his shares to avoid a substantial loss.
Collins represented New York's 27th Congressional seat — a suburban district that includes parts of Buffalo. Trump won the district by 24 points in 2016, and the seat generally has been viewed as safe for the GOP in the otherwise blue state. The Cook Political Report rated the district as “
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