Question
Please read this article about Pfizer CEO who made an announcement about the vaccine and then sold his stockshttps://www.cnn.com/2020/11/11/investing/pfizer-ceo-albert-bourla-stock-sale-vaccine/index.html(Links to an external site.) another example
Please read this article about Pfizer CEO who made an announcement about the vaccine and then sold his stockshttps://www.cnn.com/2020/11/11/investing/pfizer-ceo-albert-bourla-stock-sale-vaccine/index.html(Links to an external site.)
another example of inside trading is Mark Cuban; please read this article:
please read this articlehttps://texaslawbook.net/the-behind-the-scenes-story-in-mark-cubans-insider-trading-trial/(Links to an external site.)
Please select one of these cases, and then discuss these ethics questions:
1. A short & brief summary of the case
2. Key facts about the case
3. Who are the primary and secondary stakeholders
4. Report the key consequences of the inside/timing trading (winners/losers)
Ethical issue: is it ethical to trade on nonpublic information that has some benefit to one's portfolio? is reaching inside information, or a CEO timing trading like Pfizer, is a skill and thus there should be no penalty? and where is the SEC role? should the SEC deal with these issues and proposed solution
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