his friend, Maniat Gill made the largest purchase of the year. He was given strict instructions to keep the information confidential as well as the company blackout. This would be standard direction an}r time a company goes into contract. Again, this prevents (or attempts to) unfair advantages of stock purchasing based on favorable information. It also means Bhagat and his friend were able to purchase the shares at a lower price than it would have been set at once the contract and Xbox were made public. So they not only were able to purchase ahead of time at a lower price, but stood to make a great deal of money should they have sold as soon as the information was made public. He was found guilty based on the circumstances surrounding the gas