WASHINGTON — Former Sen. Richard Burr announced Friday that an insider trading investigation about a $1.6 million stock sale before the COVID-19 pandemic ended without action against him.
“This week, the SEC informed me that they have concluded their investigation with no action,” Burr said in a written statement sent to McClatchy. “I am glad to have this matter in the rearview mirror as I begin my retirement from the Senate following nearly three decades of public service.”
Burr, 67, a Republican from Winston-Salem, spent his last day in office at the Capitol Tuesday watching his successor Sen. Ted Budd get sworn in. Burr said in 2016 he would retire from the Senate and not seek reelection.
