Question
https://casetext.com/case/united-states-v-mcgee-30 A. Identify the federal Act under which Defendant McGee is charged with insider trading? B. Identify the two complementary theories of insider trading liability
https://casetext.com/case/united-states-v-mcgee-30
A. Identify the federal Act under which Defendant McGee is charged with "insider trading?"
B. Identify the two complementary theories of insider trading liability that are cited by the Third Circuit
in this case and state which of these two theories was used to convict Defendant McGee under.
C. Explain why the Third Circuit Court of Appeals found that there was sufficient evidence to uphold the
Defendant's conviction for securities fraud/insider trading, notwithstanding Defendant McGee's
contention that he got his trading tips not from a professional or executive but from a fellow Alcoholics
Anonymous member?
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Authors: Schermerhorn, John, Davidson, Paul, Factor, Aharon, Woods, Peter, Simon, Alan, McBarron, Ellen
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