USA v. Buyer
Case Number:
1:22-cr-00397
Court:
Nature of Suit:
Judge:
Firms
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November 07, 2023
Ex-US Rep. Owes $766K In Fees To Insider Trading Victims
A Manhattan federal judge ordered former U.S. Rep. Stephen Buyer to pay approximately half the $1.4 million in legal fees sought as restitution for corporate victims of his alleged insider trading scheme, ruling that the evidence did not show they were all "reasonably necessary."
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October 11, 2023
Convicted Ex-Pol Rips 'Exorbitant' Legal Fees In Restitution
Former Indiana Rep. Stephen Buyer is trying to avoid paying what he called "exorbitant" attorney fees following his insider trading conviction, asking a Manhattan federal judge Tuesday to cap the government's restitution request at around $154,000.
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September 19, 2023
Ex-Congressman Gets Nearly 2 Years For Insider Trading
Former Indiana Rep. Stephen Buyer was sentenced to 22 months in prison on Tuesday following his conviction at trial for using confidential information about T-Mobile and Guidehouse Inc. acquisitions to make hundreds of thousands of dollars in illicit profits.
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July 31, 2023
Orrick Conflict Delays Ex-Rep.'s Insider Trading Sentencing
A Manhattan federal judge put off the sentencing of former U.S. Rep. Stephen Buyer on insider trading charges Monday after Buyer's lawyers from Orrick Herrington & Sutcliffe LLP reported a conflict that apparently went unnoticed until recent days.
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July 20, 2023
Indiana Ex-Lawmaker Pushes Back On $1.4M Atty Fee Request
Former Indiana Rep. Stephen Buyer, who was convicted of insider trading in March, has argued that a Manhattan federal judge shouldn't award nearly $1.4 million in restitution that federal prosecutors have requested as legal fees incurred by victims of Buyer's wrongdoing, arguing that the restitution requests submitted by the government were "untimely, cryptic" and "non-transparent."
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June 15, 2023
Convicted Ex-Rep. Says Hit To Career Is Punishment Enough
A corporate consultant and former longtime U.S. congressman who was convicted of insider trading has asked a Manhattan federal judge for home confinement, saying the case has already damaged his career prospects and reputation.
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March 10, 2023
Ex-Congressman Stephen Buyer Convicted Of Insider Trading
Former U.S. Rep. Stephen Buyer was convicted Friday on insider trading charges, based on allegations he used secret information to buy Sprint Corp. and Navigant Consulting Inc. stock ahead of their acquisitions by T-Mobile and Guidehouse Inc., respectively.
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March 09, 2023
Ex-Congressman Says Feds' Insider Trading Rap Is Weak
An attorney for former U.S. Rep. Stephen Buyer on Thursday told a New York federal jury that prosecutors have failed to present any evidence that he possessed inside information about mergers when he traded Sprint Corp. and Navigant Consulting Inc. stock, calling it a simple case to decide.
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March 08, 2023
Ex-US Rep. Takes Stand, Denies Trading On Secret M&A Info
Former U.S. Rep. Stephen Buyer took the witness stand on Wednesday to defend himself against insider trading charges alleging that he used knowledge gleaned from his post-public service lobbying career to trade ahead of upcoming mergers, saying his stock buys were based on legitimate research.
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March 06, 2023
TV Journalist Tells Jury Ex.-Rep. Buyer Traded Stocks For Her
A Miami television reporter on Monday told the Manhattan jury hearing insider-trading charges against former U.S. Rep. Stephen Buyer that the ex-Indiana congressman traded stocks for her to help her "catch up" financially after they had a brief affair.