Shareholder suit accuses Sen. Richard Burr of securities fraud

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Shareholder suit accuses Sen. Richard Burr of securities fraud
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Sen. Richard Burr is being sued after selling shares in a hotel company while possessing confidential information about the potential impact of the coronavirus pandemic

Sen. Richard Burr is being sued after selling shares in a hotel company while possessing confidential information about the potential impact of the coronavirus pandemic.

The coronavirus pandemic has devastated the travel industry, from cruises to airlines to hotels. Wyndham was no exception — the company’s stock sold at $59.96 on Feb. 19 but has dropped precipitously, to $25.03 on Monday.

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