Luan, a programmer for Monetized Nation Inc., a business modeling service, learns of undisclosed company plans to

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Luan, a programmer for Monetized Nation Inc., a business modeling service, learns of undisclosed company plans to distribute a new app. Luan reveals the company plans to a friend, Ono, who buys

5, 000

shares of the firm

s stock. Under the Securities Exchange Act of

1934,

Ono is most likely

.

not liable because Ono does not work for the firm.

.

not liable because Ono did not prevent others from profiting.

.

not liable because Ono did not solicit information from Luan.

.

liable for insider trading

Posted Date: May 18, 2024 05:09 AM

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Luan, a programmer for Monetized Nation Inc., a business modeling service, learns of undisclosed company plans to

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