4 ms·
Well for one you would have to show that Carl knew that the tariffs were coming. Otherwise he started selling the stock within a couple of days of earnings when
by sseveran 9y ago
Well for one you would have to show that Carl knew that the tariffs were coming. Otherwise he started selling the stock within a couple of days of earnings when the stock had already experienced a pretty large price drop. Unless there was proof that he knew and used that to trade it would be a pretty hard case to bring. Mark Cuban was found not guilty of something similar.
https://www.thestreet.com/quote/MTW.html https://www.thestreet.com/quote/MTW.html
https://www.reuters.com/article/us-usa-sec-cuban-verdict/billionaire-mark-cuban-cleared-of-insider-trading-blasts-u-s-government-idUSBRE99F0ZM20131016 https://www.reuters.com/article/us-usa-sec-cuban-verdict/bil...