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DOJ Drops Insider Trading Probe into Sen. Richard Burr

DOJ Insider Trading Richard Burr US US News

DOJ Drops Insider Trading Probe into Sen. Richard Burr


Sen. Richard Burr (R-N.C.) announced Tuesday that the Justice Department (DOJ) has closed its probe into stocks sold around the time he had received closed-door briefings on the CCP (Chinese Communist Party) virus in January 2020. “Tonight, the Department of Justice informed me that it has concluded its review of my personal financial transactions conducted early last year,” Burr said in a statement. “The case is now closed. I’m glad to hear it. My focus has been and will continue to be working for the people of North Carolina during this difficult time for our nation.” Burr, who stepped down as former chairman of the Senate Intelligence Committee amid the probe, sold between $628,000 and $1.7 million of his stocks in more than 30 transactions on Feb. 13, 2020, with his wife, according to Senate financial disclosures. A week later, the stock market began to decline. The biggest sales from Burr …

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