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by tivert
1161 days ago
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>> The fact this is not only legal, but common practice baffles me ... > It's faster and cheaper, those are things that are generally considered valuable. For the company. It's also faster and cheaper for the company to just to ignore all regulatory requirements (financial reporting, product safety, pollution, labor, etc.), but that's usually illegal for good reason. It's seems pretty dysfunctional that companies would be allowed to do an end-run around pre-IPO scrutiny like this. |
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