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Importantly, though, Kodak did not act as though the information had become public -- they attempted to get the news reports unpublished and keep the informatio
by ketzo 6y ago
Importantly, though, Kodak did not act as though the information had become public -- they attempted to get the news reports unpublished and keep the information non-public. At best, this is wildly incorrect bordering on fraudulent; at worst, it's insider trading.
- Lazare 6y ago> Importantly, though, Kodak did not act as though the information had become public That fact isn't important in the slightest. > this is wildly incorrect bordering on fraudulent; at worst, it's insider trading. It's wildly incompetent behaviour by Kodak, sure, but at worst it's a Regulation FD violation. (Even that would be a bit surprising.) It's certainly not insider trading based on what is currently known or even what's been reasonably speculated.