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by wayoutthere 2426 days ago
It's legal because the people that got duped were "professional investors". It will be a good case study for an investment analysis class though.

Would absolutely be a different discussion if they had IPOed.
1 comments
travisoneill1 2426 days ago
No, it's legal because he never lied. He did all that shit right out in the open and disclosed it to potential investors in the S-1.
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