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please kindly help me with this question. Q1. As the departing CEO of MyComp, Inc. you realized some growth opportunities coming from an acquisition deal
please kindly help me with this question.
Q1. As the departing CEO of MyComp, Inc. you realized some growth opportunities coming from an acquisition deal with Facebook. As a seasoned financier, you also know that as a target for acquisition in those kinds of deals, that will boost your companys stock price; which indeed happened. Unfortunately, the deal fell apart months later. But by then, you had already exercised your stock options and made a lot of money out of the brief rise in stock price. Were your actions legally, ethically, and morally right? Explain by touching on each of the 3 terms.
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