10mo ago

TIL about the 2018 Samsung fat-finger error, in which an employee of Samsung Securities mistakenly distributed shares worth US$100 billion to employees.

2018 Samsung fat-finger error - Wikipedia

Boy, I sure hope somebody got fired for that blunder...Oh...yikes

10 comments

fat-finger? we all know Robin Hood has great aim and doesn't miss like that
Based. I hope they didn't get fired.
Reminds me of the Oil futures drunk-trading incident (2009)
What a hero
"Mistakenly"
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.
Boy, I sure hope somebody got fired for that blunder…Oh…yikes
Anyone have a non-paywalled version?
- https://archive.ph/PLqkK
- Sorry about that, the wayback machine didn't have a version without the paywall unfortunately :/

10 comments