Should somebody call the SEC?
Posted Aug 19, 2003 19:01 UTC (Tue) by tavis
Parent article: Why SCO won't show the code
The comments above show that McBride's presentation either deliberately misled shareholders about the status of the code, or that SCO didn't perform due diligence in invesigating the code's history, in a situation where the management team had a personal interest in not performing it. (Regardless whether the code is legitimately GPLed, SCO is clearly not in a position to claim monetary damages from the code's use.) In other words, he made misleading statements at a shareholder's meeting that he knows will inflate the value of the stock. This is highly illegal. Somebody should call the SEC to investigate.
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