Barbara is an assembly-line worker at a computer company. Barbara becomes aware that an improvement is being made in the company's primary computer, which will significantly increase profits. Barbara tells a friend to buy stock in the company. The friend does so and tells two other persons to do the same. The company's profits increase greatly, and all three who purchased stock sell at a great profit. Discuss the liability of the parties.

Answer rating: 100% (QA)

It is likely that Barbara and her friends are liable for insider trading which is the t... View the full answer