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Satya and Sam committed securities fraud with their late Sunday “funding secured” ploy to protect the MSFT stock price. This was the obvious outcome. Sam had no
by nickysielicki 3y ago
Satya and Sam committed securities fraud with their late Sunday “funding secured” ploy to protect the MSFT stock price. This was the obvious outcome. Sam had no intentions of actually going through with that and Satya was in no position to unilaterally commit to the type of funding that he was implying.
They lied to protect the stock. That should be illegal. In fact, it is illegal.
- computerex 3y agoI don't think this is actionable in anyway, even if what you say was shown unequivocally to be true.
- nickysielicki 3y agoWhat do you mean? It would be conspiring to commit bank and wire fraud, the SEC can totally act on that if they want to.
- nmfisher 3y agoYeah, I think there may well be an investigation into that. At best, he said something that was unequivocally untrue, and at worst it was an outright lie. That's blatant market manipulation.
- TrackerFF 3y agoShort sellers in shambles right now.