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An Introduction to the Law of Corporations: Cases and Materials, Fall 2017

Securities And Exchange Commission, Plaintiff, v. Barry L. Switzer; Lee Allan Smith; Sedwyn T. Kennedy; Harold D. Deem; Harold D. Hodges; Robert E. Amyx; and Robert M. Hoover, Jr., Defendants

Headnote

Not all tippees will be subject to liability for trading on a corporation’s materail, confidential inside information. In the case that follows, the court tests the limits of liabilty for tippees.