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A comment on Cisco Acquires Splunk. Parent comment

Re:Cisco Acquires Splunk by kabes on Thursday September 21, 2023 @05:24PM (#37604583)
What's the chance the sec will go after this? I guess they don't have the capacity to go after all these cases, even the clear cut ones
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Re:Cisco Acquires Splunk by jmvoodoo on Thursday September 21, 2023 @07:45PM (#37605999)
They'll investigate this. It's an easy target.
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Re:Cisco Acquires Splunk by positr0n on Thursday September 21, 2023 @10:09PM (#37607063)
I think the SEC loves cut and dry cases like this. You see enforcement actions all the time about similar situations. Usually some VP of one of the two companies is behind it and they amateurishly try to cover their trails by getting their brother to do the trade, or using their mother-in-law's account, etc.

IMO though it could easily be just some WSB bro that gambled and got lucky. Robinhood and other platforms make it easy to trade short dated options these days and people love to gamble on them.

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Re:Cisco Acquires Splunk by blitzar on Friday September 22, 2023 @04:07AM (#37609269)
> What's the chance the sec will go after this?

100%

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Re:Cisco Acquires Splunk by xmcqdpt2 on Friday September 22, 2023 @08:15AM (#37610984)
The SEC is 100% on the case right now. They catch people all the time doing much smaller version of this.
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