Rep. Chris Collins is the most well-known figure charged Wednesday in what prosecutors called an inside trading scheme, but he was not the only person caught up in the case.
Cameron C. Collins
Bio: A major shareholder who owned 2.3 percent of Innate shares, Cameron Collins is the son of U.S. Rep. Chris Collins. He is the owner of a $492,000 condo near the beach in Asbury Park, N.J., purchased three months after selling his Innate stock, according to public documents. He is engaged to accountant Lauren E. Zarsky.
Charges: Indicted on insider trading charges, selling his shares based on inside knowledge of bad clinical trial results and saying he would use a home purchase as cover for the sale of his shares. The indictment also alleges Collins recommended the stock to Zarsky and members of her family and encouraged them to sell based on inside knowledge.
Alleged ill-gotten gain: Sold 1,391,500 shares, avoiding $570,900 in losses.
Stephen S. Zarsky
Bio: A named co-conspirator and father of Lauren Zarsky. Zarsky is a project management professional who worked as a programming manager with Oasis Marketing Partners, a marketing communications and health research firm for the pharmaceutical industry. He is married to Dorothy Zarsky, a co-conspirator, and owns a $688,000 home with his wife in Summit, N.J., a suburb of Newark, according to public records.
Charges: Indicted on insider trading charges for selling his shares based on inside knowledge of clinical trials provided by Cameron Collins.
Alleged ill-gotten gain: Sold 303,005 shares, avoiding $143,900 in losses.
Bio: Wife of Stephen Zarsky and mother of Lauren Zarsky, listed as an unnamed co-conspirator in the indictment.
Accused of: Engaging in insider trading by selling her shares based on inside knowledge provided by Cameron Collins and Lauren Zarsky.
Alleged ill-gotten gain: Sold 50,000 shares, avoiding $22,600 in losses.
Outcome: Settled with the U.S. Securities and Exchange Commission without admitting guilt by giving up her $22,600 in wrongful gains, paying $975 in interest and a paying a $22,600 fine.
Lauren E. Zarsky
Bio: Stephen Zarsky's daughter and fiancee to Cameron Collins. Zarsky is a certified public accountant who has been living with Collins for several years and is an unnamed co-conspirator in the indictment.
Accused of: Engaging in insider trading while she was Collins' girlfriend and helping to tip off her parents to sell their Innate shares based on inside knowledge provided by Collins.
Alleged ill-gotten gain: Sold all her 40,464 shares, avoiding $19,440 in losses.
Outcome: Settled with the SEC without admitting guilt by giving up $19,440 in wrongful gains, paying $839 in interest, as well as a fine of $19,440. She has also been suspended from public accounting for five years, meaning she can't participate in the financial reporting or audits of publicly traded companies.
Eugene D. Zarsky
Bio: Brother of Stephen Zarsky, a New Jersey resident and unnamed co-conspirator in the indictment. According to public records, he has been operator of the Guardian Tree Corp., a tree and shrub service company, and spent several months in bankruptcy in 1996.
Accused of: Engaging in insider trading after receiving a tip from his brother, Stephen, to sell his shares. The indictment alleges that Eugene Zarsky knew his brother was giving him advice based on inside information but did not question him regarding that knowledge.
Alleged ill-gotten gain: Sold all his shares, avoiding $4,200 in losses.
Outcome: A relatively minor player, Eugene Zarsky is not listed among those who have been indicted or have settled with the SEC.