DOJ investigating the stock trading activities of Sen. Richard Burr before the markets took a dramatic plunge amid coronavirus worries, sources confirm to ABC News.
Several days later, the Dow Jones Industrial Average began an 11,000-point drop, although it has since rebounded somewhat.
Alice Fisher, a white collar defense attorney who is representing Burr, defended his trading activity in a statement to ABC News saying it was"based on public information.""When this issue arose, Senator Burr immediately asked the Senate Ethics Committee to conduct a complete review, and he will cooperate with that review as well as any other appropriate inquiry," Fisher said.
All have denied that their stock activity had any connections to briefings that were provided to lawmakers at the time that had underscored the severity of the coronavirus and its potentially devastating ramifications for the U.S. economy and public health system.
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