Business Law Il

Answer question 6 please

Based on material dealing with the 1933 Act, create a definition of a security, Kamal and his brother Tamal own Resort Management Company in San Diego. California. They are proposing to create an IPO to cell $600,000 of stock in their company. The company limits its business to the management of resorts in California, and they want to restrict purchasers of the issue to California residents. Does this offering need to be registered it. Alaska Enterprises made a private offering of one issue of their stock on January 1, of the same issue on April 1, and a final offering on July 1. What concurrent would you have regarding this method of railing capital? Jouet, Inc. hired an underwriter, a law firm, and an accounting firm, to guide it through on IPO. Under the pressure to meet deadline for the IPO set by Jouet, the outside entities failed to include information in the registration statement and prospectus that two of the Jouet directors owned a business that was supplying large amounts of critical materials to Jouet at a price slightly above market. The price of the Jouet issue of securities has fallen 20 percent since that date the securities were made public, and those who participated in the IPO now are quite upset. Have the outside entities violated securities laws? If so, what law or laws? Do they have a defense? Why? Javier, vice president of labor relations at AT&T, tells his good friend Francine to read the business section of the New York limes and then call him back. Within a half hour Francine calls Javier and indicates that the Times had published an article reporting the possible merger of AT&T with NCR, another large corporation. Javier replies, "Yes. I read that article too; and 1 believe the rumors to be true." Francine then immediately makes a series of purchases of NCR stock. Seven days after the conversation between Javier and Francine, AT&T and NCR announce the merger. Did Javier violate federal securities laws? If so, what law and why? Same facts as in 6. Did Francine violate federal securities laws? If so, what law, why, and under what theory? Spyropoulos and Courtois worked for two different New York investment-banking firms, in both the respective mergers and acquisitions departments of both firms. Newman was a close friend of both Spyropoulos and Courtois and received numerous tips of impending mergers and acquisitions from the two investment banking employees. Newman not only traded on the tips but also passed along the tips to two more of his friends. Antoniu and Carniol. Newman, Antoniu, and Carniol have made money based on the tips. Are all three tippers liable? Why? Janice needed psychological counseling and hired Dr. Harrold Rovus, a board-certified psychiatrist, to assist her. During a counseling session. Janice indicated that there was a great deal of stress in her life and the life of her husband at the present time because the company for which her husband served as the chief executive officer was contemplating