All articles tagged with #stephen buyer
President Donald Trump quietly pardoned former Indiana congressman Stephen Buyer, who was convicted on insider-trading–related charges, as scrutiny over clemency grows in his second term. The pardon followed Buyer’s bid to overturn the conviction being declined by the Supreme Court and was endorsed by current and former Republicans, part of Trump’s broader use of the pardon power amid talk of more pardons.
President Donald Trump granted a full, unconditional pardon to former Indiana congressman Stephen Buyer for insider trading linked to the T-Mobile-Sprint merger and related deals; Buyer served 22 months and maintains his innocence, while supporters say the prosecution was politically motivated; the pardon follows Buyer's 2023 conviction and a May Supreme Court denial.
Trump granted a full, unconditional pardon to former Indiana congressman Stephen Buyer, who served 22 months for insider trading tied to the T-Mobile-Sprint merger and related Navigant deals; Buyer was released in 2025, the Supreme Court rejected his appeal, and Trump cited his Army JAG and House service while Buyer called the case politically motivated and maintained innocence. Pardons do not erase a criminal record.
President Trump granted a pardon to former U.S. Rep. Stephen Buyer, a Republican ex-congressman convicted in connection with an insider-trading scheme during his consulting work.
President Donald Trump pardoned former Indiana Representative Stephen Buyer, who was convicted in 2023 on four counts of securities fraud for insider trading related to the T-Mobile-Sprint merger. The unconditional pardon came on the recommendation of 52 current and former lawmakers, and Buyer — a former Army judge advocate general and longtime politician-turned-consultant — had been sentenced to 22 months in prison for trades involving Sprint and Navigant (now Guidehouse) stock.
Former Indiana Congressman Stephen Buyer has been sentenced to 22 months in prison by U.S. District Judge Richard M. Berman for engaging in two insider trading schemes. Buyer was convicted of four counts of securities fraud for using material non-public information obtained through consulting work to make profitable securities trades. In one scheme, he purchased shares of Sprint Corporation ahead of its merger announcement with T-Mobile, making over $126,000 in profits. In another scheme, he traded shares of Navigant Consulting ahead of its acquisition by Guidehouse, making over $223,000. Buyer provided false explanations for his trading during his trial, which the judge deemed as obstruction of justice. In addition to the prison sentence, Buyer was ordered to pay over $350,000 in forfeiture and restitution.