Re: Apparently some people don't understand US securities laws
Of course it was insider trading.
These execs knew exactly what products were in the pipeline & when these products will be released. So they can schedule the buying/selling to their advantage. They have the information necessary to make profits, these information aren't publicly available - thus insider trading.
Just because SEC colluded with the whole transaction doesn't mean it's not insider trading.
Biting the hand that feeds IT
