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Home » News » Courts » New revelations regarding Collins insider trading case permeate Erie Co. Executive race

New revelations regarding Collins insider trading case permeate Erie Co. Executive race

Recently discovered court documents connected to federal insider trading case of Rep. Chris Collins, R-NY-27. claim Western New York political consultant Chris Grant sold shares of Australian biopharmaceutical company Innate Immunotherapeutics in June 2017, just before the stock plummeted.

According to the affidavit obtained by Spectrum News and first reported by WKBW, Grant avoided losing more than $11,000. Grant has worked both directly for Collins, as his congressional chief of staff, and later consulted for him through his company Big Dog Strategies.

The company currently consults for Republican-endorsed Erie County Executive candidate Lynne Dixon, a registered Independent.

“If you are going to run to be a representative of the people in any office, and I’m not just talking about county executive, I’m talking about any office, you need to be held to the highest ethical standards and your staff needs to be held to the highest ethical standards,” Democratic Erie County Executive Mark Poloncarz.

Friday, Democratic Erie County Executive Mark Poloncarz called for Dixon and any other public official with ties to Grant to cut them. Spectrum News has been told Grant, who has not been charged with a crime, does not plan to leave the campaign.

“I don’t expect Chris Grant to resign but it’s not up to Chris Grant to resign. It’s up to Lynne Dixon to do the right thing,” Poloncarz said.

The county executive also pointed out Grant’s house was raided by federal agents in connection to allegations which ultimately led to the corruption convictions of Democratic political operative Steve Pigeon and a federal judge. Grant has not been charged in that investigation either.

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