Via Yahoo Finance


Stock trades by Senator Perdue said to have prompted DoJ Inquiry – NYT

The investigators were undertaking a broad review of the senator’s trading around the outset of the COVID-19 pandemic for possible evidence of insider trading, the NYT said, citing four people with knowledge of the case. Perdue, who is seeking reelection in one of two U.S. Senate races in Georgia, sold more than $1 million worth of stock in Cardlytics earlier this year, where he once served on the board, according to the report. According to the NYT report, Perdue had bought back a substantial portion of the shares that he sold after the company’s stock price bottomed out in March at $29.

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