Comment by zokier

I'm sure SEC has done their homework and knows what they are doing, but to me this is not that clear-cut case. Bechtolsheim heard a rumour that Acacia had gotten offer and traded based on that. But my reading is that to him it was just a rumour, he didn't know for certain that the deal was happening or what the terms of the deal were. Of course as a senior executive he should have known better, but still to me this is not the most heinous crime and closer to just a lapse of judgement.