Corporate Governance, Investor Protection, Ethics & Consumer Protection Facts: Nigel and Erin have known each other since
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Corporate Governance, Investor Protection, Ethics & Consumer Protection Facts: Nigel and Erin have known each other since childhood, and both have emigrated from Scotland to the US Nigel is very outspoken about climate issues. Erin is an MBA graduate from Stanford and an analyst for a prominent San Francisco brokerage house. She often takes a business first position in their discussions. Nigel engages in heated debates with Erin about her choice of employment, her values and ethics, suggesting she is engaged in activity harmful to the planet.
Erins employer planned to officially announce its negative earnings forecast for eCar.com. She casually mentioned to Nigel, a day before the public announcement, that it was time to sell any automobile stocks he held before they tanked big time. Unbeknownst to Erin, Nigel had invested a large sum in eCar.com as part of his settlement of a recent lawsuit with eCar.com. As a result of her warning, Nigel was able to sell his shares at a profit before the stock took a significant loss and tell his fellow board members at ClassicRebuild to also sell their shares. The board did not tell anyone else in the company and many employees lost significant value in their k accounts since they had also invested in eCar.com at the recommendation of the board. Nigel and the board took their profits and invested in Amazon just before a stock split, making a substantial First, summarize the relevant facts of the case as they relate to each party. A fact is relevant if it had an impact on the case's outcome. Not all facts in the scenario are relevant. An effective method of summarizing relevant facts is to list them numerically in order as a separate sentence. For example, the first relevant fact might be: Nigel is a resident of California This fact is relevant because it establishes his state of residency.
Second, list a summary of the issues as they relate to each party;
Third, identify and discuss the relevant law to be applied to each issue from the preceding paragraph;
Finally, write your conclusion in an objective not subjective manner. Do not spend time writing about your personal opinions. Your conclusion describes the legal rationale supporting your decision. In summary, what are the legal principles you are applying to the facts of this case that support your conclusion?
Related Book For
Modern Advanced Accounting in Canada
ISBN: 978-1259087554
8th edition
Authors: Hilton Murray, Herauf Darrell
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