Question: Fox is a computer programmer. He works as a market analyst for Global Investments, L.L.C. (Global), an investment firm specializing in commodities trading. Fox is
Fox is a computer programmer. He works as a market analyst for Global Investments, L.L.C. (Global), an investment firm specializing in commodities trading. Fox is envious that executive management at Global makes more income than he does, including yearly bonuses. Fox feels that he is just as valuable as executive management, particularly since he believes that management (not just Global) profits personally from his astute market research programming. Fox is resentful that he is underappreciated and underpaid.
Last weekend, Fox used his computer savvy and hacked into the financial records of Global Investments executive management. Angry that they were just awarded substantial bonuses, Fox exercised the stock options of numerous Global managers and transferred $1 million into his personal Global account. Global executive management is not currently aware of Foxs exercise of their stock options and the associated transfer of funds.
Identify the law(s) that Fox has violated and define each of them. (This question has been asked previously on here, please do not copy and paste the previous answer. Thanks)
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