this post was submitted on 03 Dec 2023
350 points (85.4% liked)

Technology

59322 readers
4428 users here now

This is a most excellent place for technology news and articles.


Our Rules


  1. Follow the lemmy.world rules.
  2. Only tech related content.
  3. Be excellent to each another!
  4. Mod approved content bots can post up to 10 articles per day.
  5. Threads asking for personal tech support may be deleted.
  6. Politics threads may be removed.
  7. No memes allowed as posts, OK to post as comments.
  8. Only approved bots from the list below, to ask if your bot can be added please contact us.
  9. Check for duplicates before posting, duplicates may be removed

Approved Bots


founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 1 points 11 months ago

I can shutter my private company whenever I want for whatever reason I want. If the private investors have an issue w/ that, they can sue me.

This has nothing to do with the SEC.

Market manipulation? There are no shares on the market to manipulate. This is WHY companies choose to go private... So that they are no longer beholden to the public shareholders and the regulatory bodies that exist to protect them (the SEC)