Unity bosses sold stock days before development fees announcement, raising eyebrows
www.eurogamer.net
Unity executives sold thousands of shares in the weeks leading up to last night's hugely controversial announcement it …
  • RaoulDook@lemmy.worldEnglish
    4519·
    1 year ago

    In the USA that would most likely fit the textbook definition of Insider Trading, which is bigly illegal

    • Szymon@lemmy.caEnglish
      524·
      1 year ago

      It only looks like insider trading if you forget the definition of insider trading and only read a headline curated to ignore the important details that show small, consistent sales across time regardless of company activities.

      • RaoulDook@lemmy.worldEnglish
        3714·
        1 year ago

        Well yeah of course I didn’t read the article. I don’t give much of a fuck about it. I took the headline at face value (“sold stock days before announcement”) and fired off my Lemmy content into the ass crack of this butt land. You’re welcome.

    • Cavemanfreak@lemm.ee
      182·
      1 year ago

      I don’t think it’s that black and white, since he apparently has sold stock steadily through out the year (and hasn’t bought any at all).

      • Beardliest@lemmy.worldEnglish
        617·
        1 year ago

        I think that makes it worse. It’s obvious that he was doing that with this change in mind. Especially if he didn’t buy any over that period.