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by hef19898 939 days ago
I'll take securities fraud for 420, please, but private.
1 comments

That's exactly the point - by tweeting insider information you are making a public statement. We've learned this very recently...
Parent meant probably meant that there's no securities fraud since no securities are involved as it's not a traded company.
The shareholders are still invested, they still have a 401A Evaluation, and these statements are definitely going to have legal weight.