Insider Trading

Former U.S. Rep. Chris Collins arrives at federal court for sentencing Friday, Jan. 17, 2020, in New York. Collins pleaded guilty last fall to insider trading and lying to the FBI. (AP Photo/Seth Wenig)
Former U.S. Rep. Chris Collins arrives at federal court for sentencing Friday, Jan. 17, 2020, in New York. Collins pleaded guilty last fall to insider trading and lying to the FBI. (AP Photo/Seth Wenig)
Tom Puckett
January 24, 2020 - 5:22 pm
Zarsky gets probation for insider trading
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Tom Puckett
January 17, 2020 - 4:00 am
Buffalo, NY (WBEN) Friday is the day of reckoning for disgraced former congressman Chris Collins, as he will be sentenced on a plea stemming from an insider trading case. Federal prosecutors in 2018 charged Collins with insider trading and lying to the FBI . Almost immediately, Collins proclaimed...
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AP Photo
Tom Puckett
December 09, 2019 - 5:19 pm
Washington, DC (WBEN) - Former Congressman Chris Collins, his son and his son's prospective father-in-law settle with the SEC over insider trading that led to his resignation from office. The settlements, involving Collins, Cameron Collins, and Stephen Zarksy, which are subject to court approval,...
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Brendan Keany
August 07, 2019 - 5:31 pm
BUFFALO (WBEN - Brendan Keany) - On Tuesday, it was announced that prosecutors have dropped three federal charges against Congressman Chris Collins, who is indicted in a federal insider trading case almost exactly one year ago. Prosecutors said in a letter to the trial judge that the charges were...
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WBEN Photo: Mike Sugarman
October 11, 2018 - 4:36 pm
New York, NY (WBEN) A February 2020 trial date was set Thursday for a U.S. congressman indicted on federal insider trading charges. U.S. District Judge Vernon S. Broderick scheduled jury selection to begin Feb. 3, 2020, for U.S. Rep. Chris Collins after prosecutors relaxed their insistence that the...
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August 09, 2018 - 8:18 am
Buffalo, N.Y. (WBEN- David Bellavia ) - In January 2017, the Washington Post and Politico reported that they overheard an obnoxious Congressman on the floor of the House of Representatives bragging about how many millionaires he’s made in Buffalo thanks to his stock tips. As insignificant as this...
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WBEN Photo/Matt Moran
Matt Moran
August 08, 2018 - 10:20 pm
Congressman Chris Collins responded to his charges of insider trading saying they are meritless. "I will mount a vigorless defense in court to clear my name," Collins said. "As I fight to clear my name, rest assure I will continue to work hard for the constituents of the 27th Congressional District...
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Tom Puckett
August 08, 2018 - 8:14 pm
Buffalo, NY (WBEN) As Congressman Chris Collins claims his innocence in the insider trading case, there are some political ramifications as he faces re-election in November. "If he's convicted, he cannot serve. State law would prohibit that," says Jimmy Vielkind of Politico. "There is nothing that...
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August 08, 2018 - 4:15 pm
New York, NY (AP/WBEN) Congressman Chris Collins has pleaded not guilty to insider trading charges. He'll address reporters in Buffalo at a news conference which you'll hear live at 6:30pm on WBEN. Collins appeared in a courtroom in New York City Wednesday afternoon to face accusations that he...
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