Is this insider trading??A company screwed up some key projects but held important project updates . SP surge with 20million shares traded in a day for no reasons. Insiders sold option shares big time close to peak. Insider failed to obey the insider trading disclosure within 10days, but finally released the trading activities in 28 days. When project updates eventually released to public, the stock is traded 25% of the peak price.
Is this insider trading? I am not lawyer, someone can answer me?
There are a lot of lawyers in this country, when we need them……
Martha Steward was sentenced real jail time for insider trading.