lizdax's comments

lizdax | 4 years ago | on: U.S. Supreme Court revives LinkedIn bid to shield personal data

Curious to see which direction the Supreme court goes with this -- given the last CFAA ruling.

>LinkedIn told the Supreme Court that hiQ's software "bots" can harvest data on a massive scale, far beyond what any individual person could do when viewing public profiles.

So can anyone with a couple thousand dollars to burn. By barring US companies from doing it all you're going to do is move the work to another country that doesn't care about US Law. The data will still be scrapped nonetheless.

lizdax | 4 years ago | on: Husband of Amazon employee sentenced to prison for insider trading Amazon stock

Adding a note, according to the initial filings from the SEC:

>As further explained in Amazon’s Insider Trading FAQs, “puts, calls, warrants and other types of option securities” were required to “be cleared in advance with the Legal Department, regardless of whether that employee is otherwise subject to preclearance or to the trading window, even if that employee is not in possession of material nonpublic information.”

Amazon employees require Amazon's Legal approval before trading Amazon options.

page 6, #17-21

lizdax | 4 years ago | on: Husband of Amazon employee sentenced to prison for insider trading Amazon stock

>he obtained from his wife, an Amazon finance employee, to place trades in Amazon stock–making a profit of $1,428,264

>Bohra engaged in illegal insider trading in advance of 11 straight earnings announcements.”

>He and his family members have paid $2,652,899 in disgorgement, interest and penalties.

And 26 months in prison! This is why if you're going to do any kind of trading yourself -- never touch the company you work for.

Some more info on the original SEC filing as well: https://www.sec.gov/litigation/complaints/2020/comp24923.pdf

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