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A Congressman, a Drug Promoter, and Now an Accused Criminal

A Congressman, a Drug Promoter, and Now an Accused Criminal

A Congressman, a Drug Promoter, and Now an Accused CriminalFor years Chris Collins, a congressman from New York, seemed to work all the angles for an obscure biotech company in faraway Australia. With news on Wednesday that Collins was charged with insider trading after he allegedly tipped off others to nonpublic information about Innate, prosecutors have zeroed in on stock trading on Capitol Hill, a practice fraught with potential conflicts. Collins, 68, is accused of sharing non-public information about a failed drug trial with his son, Cameron, who dumped his shares and alerted others, prosecutors said.

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