Riding the elevator 42 floors in a New York City building, you overhear two people from the headquarters of a company located in the building discussing the fact that tomorrow they will announce that their company will be bought by another company. Price is not discussed, but you know that in such cases, the stock of the company being purchased often rises 20 to 30 percent when the announcement is made. You can immediately buy stock in that company and probably profit nicely from the information you overheard. Could you be accused of insider trading? Is there a breach of fiduciary duty if you trade