Coverage dated September 18, 2023 to September 19, 2023
Ex-U.S. Congressman Steve Buyer sentenced to 22 months for insider trading
Headline from BNO News
Former U.S. Representative Steve Buyer, a Republican from Indiana who served as one of the prosecutors in President Bill Clinton’s impeachment trial, has been sentenced to nearly 2 years in prison for insider trading.
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Former Rep. Stephen Buyer (R-Ind.) was found guilty of profiting off insider trading linked to a 2018 acquisition announcement from T-Mobile and a 2019 acquisition completed by consulting company Guidehouse Inc.
NEW YORK >> A former U.S. congressman from Indiana was sentenced today to 22 months in prison for making illegal stock trades based on inside information while working as a consultant and lobbyist after he left office.
Former US Congressman Stephen Buyer was sentenced to 22 months in federal prison Tuesday for insider training — despite appealing for mercy from a Manhattan judge by claiming he lives by his Indian…
Buyer, a House Republican from 1993 to 2011, was also ordered to forfeit $354,027, representing the amount of illegal gains, and to pay a $10,000 fine.
Stephen Buyer, who was a Republican lawmaker for almost two decades, used confidential information he gained as a consultant to companies like T-Mobile to make hundreds of thousands of dollars.
Former U.S. Representative Steve Buyer, a Republican from Indiana who served as one of the prosecutors in President Bill Clinton’s impeachment trial, has been sentenced to nearly 2 years in prison for insider trading.