Whistleblower News: Congressional Insider Trading, Juul, Rite Aid

Justice Department reviews stock trades by lawmakers after coronavirus briefings

CNN

The Justice Department has started to probe a series of stock transactions made by lawmakers ahead of the sharp market downturn stemming from the spread of coronavirus, according to two people familiar with the matter.

The inquiry, which is still in its early stages and being done in coordination with the Securities and Exchange Commission, has so far included outreach from the FBI to at least one lawmaker, Sen. Richard Burr, seeking information about the trades, according to one of the sources. read more »

The World Pushes Back Against E-Cigarettes and Juul

NEW YORK TIMES

Facing ire at home, the e-cigarette giant counted on international expansion to offset losses in the U.S., but the regulatory response abroad has been even worse. read more »

Feds charge Rite Aid exec with insider trading over $650K stock sell-off

PHILADELPHIA INQUIRER

Wall Street regulators on Thursday filed a complaint against a Rite Aid executive from Marlton who allegedly traded on inside information, selling more than $650,000 in stock before Rite Aid’s share price dropped one day later. read more »