FACING PRESSURE AND MEDIA SCRUTINY, SHAHEEN AMENDS DISCLOSURE FORM
Concord – New Hampshire Republican State Committee Chairman Jennifer Horn released the following statement today after Senator Jeanne Shaheen announced that she would amend her personal financial disclosure form to correct errors regarding her shady stock deal. After facing pressure to explain her inconsistent story, a Shaheen spokesman told the Concord Monitor that the information on the form was incorrect and would be altered.
“It’s clear that Senator Shaheen provided inaccurate information to the Senate Ethics Committee on her personal financial disclosure form. This error raises questions about a potential conflict of interest involving the Shaheens and their involvement with a company that received federal stimulus funds,” said NHGOP Chairman Jennifer Horn. “It’s also troubling that these discrepancies were only revealed after the Shaheens faced media security about their questionable finances. “
On November 16, 2009, Billy Shaheen Purchased Stock Options In Ultrawave Labs. (Sen. Jeanne Shaheen, 2009 Financial Disclosure Report, 5/13/13)
The Campaign Claims The Stock Options Have Expired. “The campaign said that they recently learned that Shaheen’s stock options have since expired, so he did not wind up profiting from the transaction. The campaign would not disclose when the stock options expired.” (Noah Bierman and Todd Wallace, “Similarity In Shaheen Cause, Family Interests,” Boston Globe, 6/24/14)
But Shaheen’s Most Recent Personal Financial Disclosure States The Stock Options Expire September 1, 2019. (Sen. Jeanne Shaheen, 2013 Financial Disclosure Report, 5/15/14)
Published by Rep. Steven Smith
Steven Smith is a member of the New Hampshire House of Representatives, serving his 7th term. Rep. Smith currently represents Charlestown, Newport, and Unity. Rep. Smith is the Deputy Speaker of the NH House.
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