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mohamedkoubaa • today at 10:03 AM • 1 reply • view on HN

That would be illegal


Replies

EGreg • today at 10:56 AM

By the way that is an interesting insider trading question.

You didn’t get a tip or give anyone a tip. You are not the only one whose decision affects the outcome. However you choose to divest yourself of shares by selling them, and then bring it up.

I am not a securities lawyer or an expert on case law. But would the board member be able to file a Form 4 and sell shares, before their actions that may affect the company?

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