Acer spokesperson questioned over insider trading allegations

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Acer spokesperson questioned over insider trading allegations

Between the 30 percent pay cut, losing $700 million and hiring and firing two CEOs in 15 days, it's not been a great time to be an Acer executive. As if things couldn't get any worse, the company is now subject to an insider trading probe that has seen long-time spokesperson Henry Wang detained for up to two months. Taiwanese authorities raided 14 locations on Tuesday, including the company's headquarters and some employee's homes. Acer has announced that it is cooperating with the police to examine two employees' individual mis-deeds, but wouldn't name and shame 'em at this time. When it rains, it pours, eh?

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