Collins is being charged, as well as his son Cameron Collins and Stephen Zarsky, with insider trading charges earlier this morning.
Attorneys Jonathan Barr and Jonathan New, Baker Hostetler released a statement.
the charges filed against Congressman Collins in Court and will mount a vigorous defense to clear his good name. It is notable that even the government does not allege that Congressman Collins traded a single share of Innate Therapeutics stock. We are confident he will be completely vindicated and exonerated.Congressman Collins will have more to say on this issue later today."