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Insider Trading
Anyone familiar with the law of agency will very quickly understand why insider trading is so troublesome. When an insider uses the information of the corporation for their own benefit, the agent violates their duty of loyalty to the corporation. Over the years, the jurisprudence of insider trading has evolved to meet the changing landscape of the marketplace. In the following cases we start with classical insider trading theory and then progress to more modern evolutions including liability for insider trading under Federal misappropriation theory.
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