Visa has been under intense scrutiny since for at least several months. We wouldn’t up and sue Visa out of nowhere so you know Visa was being discussed for awhile. I’m curious how much of this was just paying attention, like with a surprisingly high number of “corrupt insider trades,” or if it’s actually corrupt.
And it should be noted that when he sold these shares, the share price was even lower than it is now after the lawsuit was announced and the stock dropped within the last few days.
Visa has been under intense scrutiny since for at least several months. We wouldn’t up and sue Visa out of nowhere so you know Visa was being discussed for awhile. I’m curious how much of this was just paying attention, like with a surprisingly high number of “corrupt insider trades,” or if it’s actually corrupt.
The investigation was announced publicly a year ago.
https://www.reuters.com/business/finance/visa-discloses-further-demands-us-doj-over-ongoing-anti-trust-probe-2023-07-26/
And it should be noted that when he sold these shares, the share price was even lower than it is now after the lawsuit was announced and the stock dropped within the last few days.