Former congressman is convicted of insider trading before T-Mobile merger with Sprint

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Former U.S. Congressman Stephen Buyer has been convicted by a New York jury of trading on inside information he learned in 2018 as a consultant to T-Mobile US Inc. ahead of its $23 billion merger with Sprint.

Former U.S. Congressman Stephen Buyer was convicted by a New York jury on Friday of trading on inside information he learned in 2018 as a consultant to T-Mobile US Inc. ahead of its $23 billionBuyer was a Republican from Indiana in the U.S. House of Representatives between 1993 and 2011 before working as a corporate consultant.

Buyer took the stand at trial and denied trading on inside information. His attorney did not immediately return a request for comment on Friday. Buyer made more than $100,000 from the Sprint trades and more than $200,000 on stock in Navigant Consulting Inc., which he purchased before Guidehouse acquired the company in 2019, according to prosecutors.

 

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You'd expect more savvy from a nine-term congressman. He left Congress then went into the private sector where he did his insider-trading. There's really never any way to explain away how you get privileged information, legally, to make these trades and then profits.

T-Mobile on my xfinity domain while they stole more +government services/networks/$ from my OMB*SC66🇺🇸🌎TaxAccts StolenRevenue TaxAbuse fraud illegal Manipulation StatutoryAuthority_Suspects + PaperworkReductionActBurdenPay SUSPECTS. STEAL from C4281362

中共又灌臭气恶心本人,中国人支那猪真它妈的低贱人种! 才会有中国共产党邪恶反人类政权!

GOP party of fraudsters, criminals and traitors. GOPFraudstersTraitors

Oh look GOP Another one of your indicted.

He’s a REPUBLICAN

Googles Stephen Buyer... Yep. Republican.

Your tweet has been Juste-ified! Ex-Congressman Stephen Buyer has been found guilty by a New York jury of insider trading. The information he used was obtained in 2018 when he was a consultant for T-Mobile US Inc. just before it merged with Sprint for $23 billion.

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Ex-US congressman convicted of insider trading before T-Mobile mergerFormer U.S. Congressman Stephen Buyer was convicted by a New York jury on Friday of trading on inside information he learned in 2018 as a consultant to T-Mobile US Inc (TMUS.O) ahead of its $23 billion merger with Sprint. Corrupt politician?! Shocker What about Nancy? I didn’t even have to read it to find out which party he belonged to.
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