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The justice department has said it will not pursue insider trading charges against Republican senator Richard Burr.
The New York Times reports:
The Justice Department informed Senator Richard M. Burr, Republican of North Carolina, on Tuesday that it would not pursue insider trading charges against him, according to his lawyer and another person briefed on the decision, quietly ending a monthslong investigation into his dumping of hundreds of thousands of dollars in stock in the turbulent early days of the coronavirus pandemic.
The decision by the department and the Securities and Exchange Commission effectively cleared a cloud of legal jeopardy that has loomed over Mr. Burr since the sales were first disclosed in March. At the crux of the case was whether Mr. Burr, then the chairman of the Senate Intelligence Committee, had acted based on nonpublic information about the contagion that he received at senators-only briefings.
California’s attorney general Xavier Becerra launched 9 lawsuits against the Trump administration.
The lawsuits include challenges of:
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