green_goglin@thelemmy.club to Today I Learned@lemmy.worldEnglish · edit-214 days agoTIL Zuck is diluting META/FB’s stock and fleecing shareholders (401ks) to pay his personal California Tax Bill, subsidize hundreds of billions in lawsuit settlements/fines, and float the slop bubble.www.theverge.comexternal-linkmessage-square75linkfedilinkarrow-up1560arrow-down139file-text
arrow-up1521arrow-down1external-linkTIL Zuck is diluting META/FB’s stock and fleecing shareholders (401ks) to pay his personal California Tax Bill, subsidize hundreds of billions in lawsuit settlements/fines, and float the slop bubble.www.theverge.comgreen_goglin@thelemmy.club to Today I Learned@lemmy.worldEnglish · edit-214 days agomessage-square75linkfedilinkfile-text
minus-squareHubertManne@piefed.sociallinkfedilinkEnglisharrow-up12·14 days agoa company cannot make new stock without following precedures including disclosure. It should not be legal to use company funds to pay a private bill. even in the current situation im not sure how he could get away with something like this.
minus-squareChunkMcHorkle@lemmy.worldlinkfedilinkEnglisharrow-up5·13 days agoThe SEC isn’t what it used to be, that’s for sure.
a company cannot make new stock without following precedures including disclosure. It should not be legal to use company funds to pay a private bill. even in the current situation im not sure how he could get away with something like this.
he will in 90 days.
The SEC isn’t what it used to be, that’s for sure.