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This shit can’t be legal. Do we have any lawyers on here?
Archive.org mirror: https://web.archive.org/web/20230914133443/https://www.eurogamer.net/unity-bosses-sold-stock-days-before-development-fees-announcement-raising-eyebrows
This shit can’t be legal. Do we have any lawyers on here?
Aren’t there laws against this sort of thing? I think that’s significant fraud and he should go to prison
laws? those only apply to the poor and minority groups.
It was a pre-scheduled sale.
They’re announced months in advance and can either trigger on a set date, or at a set stock price. It’s more complex than that, and can involve taxes and shit, but the sale itself was above board(ish).
They likely delayed the announcement of the fees to ensure a higher stock price for the sale, which starts getting into a gray area.