GOP Rep. Chris Collins Will Remain on the Ballot After Insider Trading Charges [View all]
A legal representative for Rep. Chris Collins, R-N.Y., says his client will remain on the ballot in the race for New York's 27th Congressional District despite his indictment for insider trading.
"Because of the protracted and uncertain nature of any legal effort to replace Congressman Collins we do not see a path allowing Congressman Collins to be replaced on the ballot," Mark Braden, legal counsel for Collins, said in a statement Monday.
Federal prosecutors in the Southern District of New York charged Collins last month. They alleged that the congressman, while he was a board member of Australian company Innate Immunotherapeutics, gave a tip to his son Cameron last year about a failed drug trial that would soon be announced. His son used that information to dump the stock and avoid a six-figure loss, the Justice Department alleges, and Cameron Collins passed that information along to his father-in-law.
Since then, the New York Republican State Committee has scrambled to find a way to get Collins off the ballot and prepare an alternative candidate to take on newcomer Nate McMurray. In August, Collins suspended his re-election campaign. It was unclear Monday afternoon whether he planned to actively run for office again.
Read the rest at: https://www.nbcnewyork.com/news/local/GOP-Rep-Chris-Collins-Will-Remain-on-the-Ballot-After-Insider-Trading-Charges-493502131.html
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