4 ms·
What would be the legality of using stock shorts to fund a labour strike? I'd imagine having all workers walk out would be pretty effective in tanking the stoc
by digdugdirk 3y ago
What would be the legality of using stock shorts to fund a labour strike?
I'd imagine having all workers walk out would be pretty effective in tanking the stock price, and letting those workers know that they'd be fully funded for any time on the picket line would be huge for solidarity.
One could imagine that timing a strike around predetermined stock based compensation executive payouts might provide a bit more incentive to get to the negotiation table.
- sokka_h2otribe 3y agoYou are describing insider trading, I'm pretty sure. Either the strike is announced before you make the shorts, and public knowledge, or it's not, and it's information you only know by connection to insider information. -note, am not remotely a lawyer