Sen. Burr's brother-in-law ordered to provide testimony in SEC insider trading investigation
(CNN)A federal judge has ordered Sen. Richard Burr's brother-in-law to answer questions from the Securities and Exchange Commission, allowing the regulator to advance its investigation into their stock sales.
Judge Andrew Carter said Gerald Fauth, Burr's brother-in-law, would have to testify, but he agreed to some accommodations to mitigate Fauth's undefined medical condition.
Fauth had tried to avoid testifying in person, saying a serious medical condition should prevent him from enduring the stress of being questioned under oath.
Burr, a North Carolina Republican who held positions on committees overseeing health policy and US intelligence, sold $1.65 million in stock on February 13, 2020, according to court filings. The sales included tens of thousands of dollars in stock in the hospitality industry, which was particularly hard hit in the coronavirus outbreak. Burr was staying at Fauth's home the week of the well-timed stock sales.
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http://www.cnn.com/2021/11/10/politics/burr-sec/index.html
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