Page 1 of 1

Insider Trading

Posted: Tue Dec 11, 2012 3:41 pm
by corporatelaw87
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.

Re: Insider Trading

Posted: Tue Dec 11, 2012 4:08 pm
by 5ky
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.