I don’t know Korea’s laws but this would likely be illegal in the US, too. It depends on whether it could be proven that you knew that the stocks were issued in error. And even if it wasn’t a criminal act, the company would be within their rights to recover the mistakenly issued stocks.
So… of the employees who sold shares before the warnings, what laws did they break?
I don’t know Korea’s laws but this would likely be illegal in the US, too. It depends on whether it could be proven that you knew that the stocks were issued in error. And even if it wasn’t a criminal act, the company would be within their rights to recover the mistakenly issued stocks.