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R is a janitor for SB Inc. and becomes aware of material inside information about the company while cleaning their trash. R puts his life

R is a janitor for SB Inc. and becomes aware of material inside information about the company while cleaning their trash. R puts his life savings in SB stock and makes millions!

The SEC prosecutes R, arguing he violated the law by using information rightfully belonging to SB Inc. This legal theory is known as:

a.

blue sky

b.

misappropriation

c.

tipper/tippee

d.

sour grapes

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