Kenneth was walking past a closed office door when he heard a top company executive yell, Sell my stock before the whole company goes under.' Kenneth became worried enough that he emailed other employees to immediately join him in selling their shares. Did he do anything wrong? No, Kenneth had a right to share this type of news because if he did not everyone might lose their investments Yes, the information was 'indirect,' but it was still used to make a decision before it was publicly shared. Yes, Kenneth knows he cannot use work email for personal use. No, nothing was said directly to Kenneth

Question

Business

Isabelle Kirby

18 November, 00:19

Kenneth was walking past a closed office door when he heard a top company executive yell, Sell my stock before the whole company goes under.' Kenneth became worried enough that he emailed other employees to immediately join him in selling their shares. Did he do anything wrong? No, Kenneth had a right to share this type of news because if he did not everyone might lose their investments Yes, the information was 'indirect,' but it was still used to make a decision before it was publicly shared. Yes, Kenneth knows he cannot use work email for personal use. No, nothing was said directly to Kenneth

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Answers (1)

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Brett Hurley · Answer 1

Consider the following analysis

Explanation:

1. yes, it is wrong. it comes under insider trading only. using the confidential information for self benefit is comes under insider trading only. in this example, he heard something, he does not know it is right or a wrong. share the same with others is his wish, but selling the total stock, is going to interrogate later.

2. discovery in legal aspects is the proces of learn about the other side of the case, when there are two parties involves in a case, identifying the other aspects and view of other party in legal view is called discovery. there are different alternatives in this, they are: depositions, interrogatories, request for production, request for admission, physical examination or legal assistance.