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Max currently works as a cancer researcher at a major pharmaceatical company. On September 1, 2019, he learns that his employer has just discovered a
Max currently works as a cancer researcher at a major pharmaceatical company. On September 1, 2019, he learns that his employer has just discovered a cocktail of drugs that will cure addiction. On September 5, 2019, Max tells his best friend, Kim, to buy the company's stock and tells her about the wonder drug. She does and makes over $50,000 once the news regarding the new miracle addiction drug is released. Is Max and Kim guilty of insider trading?
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