A late stock filing from Republican Sen. Tommy Tuberville (AL.)shows the lawmaker engaged in some questionable trading during this first five months in office, Forbes reports.
Federal Election Commission filings show Tuberville bought and sold more than $1 million in securities in his first five months in office, including in some companies that appeared before committees on which Tuberville sit.
Tuberville, a member of the Senate Armed Services Committee, made four separate purchases of Alcoa, a defense contractor, totaling more than $80,000, before getting rid of his holdings in April, according to the filings.
In total, Tuberville made 132 transactions between January and May in an account he shares with his wife.
Tuberville is required to report such transactions within 45 days but the filing came much later.
A spokeswoman for Tuberville told Forbes that financial advisors manage his portfolio and he was not aware of the transactions.
“Senator Tuberville was unaware that the specific transactions reported in this particular periodic transaction report occurred,” she said. “Upon becoming aware of the transactions, the senator expeditiously prepared and submitted this report to the Senate Ethics Committee. The senator has put processes in place for timely reporting moving forward.”
