back to article Acer pair charged with insider trading for '$72k pre-results stock dump'

Two senior Acer staffers have been charged with insider trading – after allegedly offloading shares worth $72,300 just before the PC giant announced fresh financial losses. Former company mouthpiece Henry Wang and investor relations division senior manager Jiong Yuan Chen were charged in Taiwan late last week along with five …

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  1. Don Jefe

    Illegal Activity

    Both my dad, and the guy who kind of mentored me in business used to say that if you're going to do something illegal then do it really illegal. Audacity is not only a surprisingly effective smokescreen, but if you do get caught at least you've got an interesting story to tell. Going to jail and being prohibited from ever working in a role with regulatory disclosure requirements for a whopping $72k isn't a very interesting story.

  2. John H Woods Silver badge
    Unhappy

    Unless I missed something ...

    ... it looks even worse to me - by dumping $72,300 of stock just before it 'dived' 6.8%, they saved themselves less than $5000.

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