For Sentencing of Cameron Collins 20
Questions Asked By SDNY Judge Broderick Live
Tweets To Come
By Matthew
Russell Lee, Thread,
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SDNY COURTHOUSE,
Jan 23 – When former
Congressman Chris Collins came up for sentencing
on January 17, he and his
lawyers were ready with
arguments about the Boy
Scouts.
U.S. District
Court for the Southern
District of New York Judge
Vernon S. Broderick was ready
with a statement that he had
not considered Collins'
political views in imposing
sentence on him, ultimately 26
months in a prison camp in
Pensacola, Florida, to begin
on March 17. Hear Inner City
Press recap on WBEN Radio, here.
Less than
24 hours before his sentencing
of the ex Congressman's son,
Cameron Collins," Judge
Broderick asked his lawyers
and the US Attorney's Office
to answer a series of
questions for the January 23,
3:30 pm sentencing that Inner
City Press has asserted the
right to live-tweet in the
same way as Chris Collins -
here are the questions:
"ORDER as to
Christopher Collins, Cameron
Collins, Stephen Zarsky: As
the parties are aware,
sentencing of Defendant
Cameron Collins ("Collins" or
"Defendant Collins") is
scheduled in this matter for
Thursday, January 23, 2020, at
3:30 p.m. I have completed my
initial review of the
Presentence Report ("PSR"),
the defense sentencing
submission, and the
Government's sentencing
submission. Based upon that
review, it is hereby: ORDERED
that the parties shall be
prepared to discuss/answer the
following topics and questions
either at sentencing or prior
to sentencing: 1. In paragraph
19 of the PSR, it states that
Cameron Collins owned
approximately 2.3% of the
shares in Innate. a. Whose
money was used to purchase
these shares? b. How much in
the aggregate did these shares
cost at the time they were
purchased? c. Were any of
those shares owned by Caitlin
Collins? i. If so, how many
shares were owned by Caitlin
Collins? ii. Whose money was
used to purchase those shares?
d. When was the first purchase
of Innate shares by Cameron
Collins and/or by someone on
his behalf? e. Did Christopher
Collins purchase some of the
shares for Cameron Collins
and/or Caitlin Collins using
his money? If so, how many
shares were purchased by
Christopher Collins?
2. Can either
party identify any insider
trading case where an
individual who was 24 years
old at the time of the offense
was sentenced within the
Guidelines range for insider
trading? If so, please provide
the citation and be prepared
to discuss how the case(s) are
analogous or not analogous to
the instant case.
3. Can either
party identify any insider
trading case where an
individual who was 24 years
old at the time of the offense
was handled by the Securities
and Exchange Commission rather
than criminally by a United
States Attorney's Office? If
so, please provide the
citation and be prepared to
discuss how the case(s) are
analogous or not analogous to
the instant case.
4. Paragraphs 54
and 55 of the PSR quote a
portion of Christopher
Collins's guilty plea, in
which he described his
conversation with Cameron
Collins on June 22, 2017,
after Christopher Collins
learned MIS416 had failed its
drug trial. Other than
Christopher Collins's guilty
plea allocution, can either
party provide additional
details concerning what was
discussed during the 6-minute
call on June 22 between
Christopher Collins and
Cameron Collins? If so, please
provide those details or be
prepared to discuss them at
sentencing or to indicate why
such information will not
and/or cannot be provided. For
example, a. Were any
alternatives to Cameron
Collins selling his shares
discussed? b. Did Cameron and
Christopher Collins discuss
the possibility of Christopher
Collins using his own funds to
ensure that Cameron Collins
did not suffer losses in light
of the failed drug trial? c.
Were the shares owned by one
or more of the Zarskys
discussed? If so, was there
discussion of the possibility
that either Christopher
Collins or Cameron Collins
would use their own funds to
ensure that the Zarskys did
not suffer losses in light of
the failed drug trial? d. Was
there any discussion of what,
if anything, would be said to
Mary Sue Collins? e. Was there
any discussion of what, if
anything, would be said to
Caitlin Collins?
5. A letter
submitted to me in connection
with the sentencing of
Christopher Collins and
Cameron Collins, (see Doc.
164), appears to suggest that
Mary Sue Collins was not told
about the failed drug trial
during her call with her
husband at 7:23 p.m. on June
22, 2017. Does either party
have information concerning
what was discussed during the
five-minute call between
Christopher Collins and Mary
Sue Collins at 7:23 p.m. on
June 22, 2017? 6. On page 32
of the defense submission it
states that Cameron Collins
"did not participate in a
long-running scheme or act for
reputational prowess, but out
of fear and concern for his
family and loved ones. The
trading activity was extremely
limited in scope." Was not the
limited nature of the trading
activity due to the nature of
the material non-public
information he received,
rather than anything over
which he had control? Stated
differently, was not Cameron
Collins's ability to avoid
losses based on the non-public
information he received from
Christopher Collins limited by
the fact the non-public
information was soon going to
become public when Innate
issued its press release? 7.
On pages 2 and 3, the
Government's sentencing
memorandum discusses various
calls, also listed in Document
163-1, between Christopher
Collins and Cameron Collins
from the morning of June 23
through June 26. a. Does
either party have evidence
concerning what was discussed
during these calls? b. If so,
please provide those details
or be prepared to discuss them
at sentencing or to indicate
why such information will not
and/or cannot be provided. 8.
How can the argument that
Cameron Collins acted
emotionally and/oras stated on
page 44 of the defense
submissionthat he "acted
impulsively following an
emotional call with his father
and over a few days, made a
terrible mistake" be
reconciled with his lying to
law enforcement approximately
ten months later? SO ORDERED.
(Signed by Judge Vernon S.
Broderick on 1/22/2020)
(lnl)." Watch this site, and @InnerCityPress on Twitter
More on
Patreon here.
Much of the
debate on January 17 concerned
whether Chris Collins, when he
told his son Cameron about the
setback for Innate
Immunotherapeutics, could or
should have told him, "You
can't trade on
this."
Another concerned
whether Collins recklessly
harmed his constituents by
actively running for office
when he knew or should have
known he likely could not
serve out the
term.
What made that
issue complex is that a
defendant has a right to
proclaim his innocence and
should not be punished for it.
But to attack the opposing
candidate?
Collins said he
did not want to return to
Buffalo. Judge Broderick after
imposing sentence urged him to
do so.
Collins' son
Cameron will soon be
sentenced. It seems Chris
Collins will not be there. But
Inner City Press will. Watch
this site - and the @InnerCityPress
Twitter feed, podcast
and Patreon
site. In fact, more on
this Chris Collins story on
Patreon, here.
***
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