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Paul is a manager at Macmillan toys inc Foul is a manager at Macmillan Toys Inc and is friends with the company's CEO. This privilege

Paul is a manager at Macmillan toys inc

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Foul is a manager at Macmillan Toys Inc and is friends with the company's CEO. This privilege gives Paul the information that Meothilian Toys is in the midst of talks to take over a leading rival. Paul buys stocks of Macmillan Toys with the expectation that its stocks will appreciate But the deal falls through, and the stocks of Macmillan Toys depreciate in the following months. Are Paul's actions unethical? Why or why not

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