The Reader's digest version of the Chris Collins indictment:
Chris was on the board of directors of a drug company in Australia that was testing a drug for M.S. and conducted NO OTHER form of business. The drug completely flopped and test results showed it was useless. Chris received the info 5 days before it was made public. He called his son ( also owned stock ) within 1 minute of receiving the shocking info and purportedly told him in a 6 min phone convo. He had tried several times to connect for that minute but calls were missed. Chris did not act on the info and sell off his stock but the son did. The son also told others who acted on the info. The making false statement charge seems to be related to a a public statement his staffers put out that was truthful about him not selling any stock and was spin or " lie by omission" about his son. It said his son sustained a loss on the stock but didn't say that his son sold off a significant amount before info went public sparing himself of a greater loss. The rest of the charges are conspiracy related to the event. I think it is relatively flimsy against Chris as the news of the complete failure of the drug to be of ANY benefit whatsoever was a shock and that was what was said in the 6 min surveilled convo. The drug had past many stages of approval including some in the USA so zero benefit would have been a complete shock. The only thing that remotely suggests Chris should be charged is this screen shot.