Question
A manager breaches his fiduciary duty by accidentally telling his friend that his company is filing for bankruptcy. The friend trades stock on this information.
A manager breaches his fiduciary duty by accidentally telling his friend that his company is filing for bankruptcy. The friend trades stock on this information. The manager is still liable for insider trading, even if he received no benefit.
True
False
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The Law Of Journalism And Mass Communication
Authors: Susan D. Ross, Amy Reynolds, Robert E. Trager
7th Edition
1544377584, 978-1544377582
