In this episode of the Money Stuff Podcast, three key topics are explored: the auction of Infowars assets where creditors favored a bid from The Onion, despite its lower cash offer, which sparked controversy; a lawsuit against Target for securities fraud linked to insufficient disclosures about possible boycotts of their Pride marketing campaign; and Ken Peterman, the former CEO of ComTech Telecommunications, facing insider trading allegations after selling his shares upon his dismissal. The episode delves into the increasingly murky waters of securities fraud, highlighting how negative events can lead to lawsuits even when disclosure is present. A noteworthy point is a judge's ruling that Target's broad risk disclosures were inadequate, which could set a troubling precedent for future cases.
