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by mrguyorama 1147 days ago
>The lawsuits are gonna be great.

Why can you be sued because idiots convinced themselves you were a good buy while you were showing everyone your terrible finances?

2 comments

Because you aren't allowed to sell stock in advance of your bankruptcy filing.

BBBY did this in a roundabout way, by signing a deal with HBC, where HBC sells BBBY stock in exchange for cash...

Everything is securities fraud, as Levine likes to say.