Insider Trading Forum

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corporatelaw87

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Insider Trading

Post by corporatelaw87 » Tue Dec 11, 2012 3:41 pm

Can an insider be held liable under both the classical theory and the misappropriation theory, perhaps arguing that the source was the company itself, or someone at the company? Thanks.
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5ky

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Joined: Mon Oct 05, 2009 4:10 pm

Re: Insider Trading

Post by 5ky » Tue Dec 11, 2012 4:08 pm

corporatelaw87 wrote:Can an insider be held liable under both the classical theory and the misappropriation theory, perhaps arguing that the source was the company itself, or someone at the company? Thanks.
The misappropriation theory is mostly just a horizontal extension of the classical theory to outsiders. So no, I don't think so.
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