Former Congressman Stephen Buyer Gets 22-Month Prison Sentence for Insider Trading

Buyer was sentenced for insider trading related to his time as a consultant for T-Mobile after his political career.
Former Congressman Stephen Buyer Gets 22-Month Prison Sentence for Insider Trading
Former U.S. Congressman Stephen Buyer arrives for his insider trading trial at the United States Courthouse in the Manhattan borough of New York City, on March 8, 2023. Brendan McDermid/Reuters
Caden Pearson
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Stephen Buyer, a former Indiana congressman, has been sentenced to 22 months in prison for his involvement in two separate insider trading schemes from his time involving T-Mobile’s merger with Sprint, according to the U.S. Attorney’s Office for the Southern District of New York.

The sentencing, handed down by U.S. District Judge Richard M. Berman, follows Mr. Buyer’s conviction on four counts of securities fraud.

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