Jordan Spieth is the Sales Director and Executive Vice President of FriendBuy Corporation, a publicly traded corporation.Jordan has access to confidential information about sales activity of the Corporation.Jordan purchased 1,000 shares of FriendBuy on February 1, 2019 at $20 per share, and sold them on June 1, 2019 at $30 per share.Adam Sandler, a shareholder of FriendBuy Corporation, brought an action against Spieth for him to disgorge the profit he received from the sale of the FriendBuy shares.What rule should a court apply in deciding Sandler's lawsuit

Group of answer choices

Spieth violated the insider trading rules

Spieth violated Rule 10b-5

Spieth violated the business judgment rule

Spieth violated the short swing profit rule