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John Frost @johnffrost.bsky.social · 19/12/2024

I liked your article! But consider California's prohibition on insider trading (Corp. Code § 25402) since many private companies on secondary markets are here. The answer to "is insider trading of private companies illegal in California?" isn't "mostly, no." It's "definitely no." I wrote more here:

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John Frost on LinkedIn: Insider Trading in Private Companies

My litigation practice increasingly focuses on cases involving private company equity transactions. So, I loved Matt Levine's comparison of the U.S.'s…

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