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The Justice Department is reportedly investigating actions by US lawmakers who dumped stocks before the market plunged over coronavirus fears

Posted On: 30 Mar 2020   |   Posted By: Business Insider

The Justice Department is investigating the actions of US lawmakers who dumped stocks before the market plunged amid coronavirus fears, CNN reported .
According to the report, the investigation is still in its early stages and the DOJ is working with the Securities and Exchange Commission on the matter.
As part of the probe, the FBI has reportedly reached out to North Carolina Sen. Richard Burr, who dumped up to $1.72 million in stocks before the market tanked.
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The Justice Department is investigating a series of steps US lawmakers took to dump stocks before the stock market plunged amid coronavirus fears, CNN reported on Sunday evening .
The investigation is still in its early stages, and the report said the DOJ is working with the Securities and Exchange Commission on the matter. As part of the probe, the FBI has reached out to North Carolina Sen. Richard Burr, who dumped up to $1.72 million in stocks before the market tanked.
In a statement to CNN, Alice...

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