Suckerberg Might Not Be A Sucker After All
THE DIRTY ARMY: Nik, did you hear how Suckerberg is getting sued the shareholders for unloading 1 BILLION in facebook stock soon as it was available. They are claiming he had inside information that FB stock was way over valued. At the end of the day, you can’t blame him for doing that right? And of course he knew his company’s stock was over valued… he started the god damn thing idiots.
The kid has always been shady so I wouldn’t put it past him.- nik
I believe the reason shareholders do this is if he is found to be guilty of insider trading, he will have to give back some of his profits to the company, thus making the company more valuable and therefore stock more valuable. As for the comment that he obviously knew his company was overvalued because he owns it, that would not preclude a claim of insider trading. Most people who are found guilty of these crimes are higher ups within the company whose stock they have bought/sold. Seems like this poster didn’t feel like doing any research before bitching.