Law Homework Help

Analyze the facts in the scenario and develop appropriate arguments/resolutions and recommendations. Support your responses with appropriate cases, laws, and other relevant examples by using at least one scholarly source in addition to the textbook for the scenario provided.

Scenario III—Insider Trading

During a session with her doctor, Billy Mooney, Maggie Mason mentioned in confidence the imminent merger of Walgreens with Rite-Aid. Mason’s ex-husband, Gus Mason, was on the board of directors at Walgreens. Mooney communicated the information to a securities broker, Olive Green, who immediately made trades in Walgreen’s securities for her own account and for her customers’ accounts.

• Did Mooney, Maggie Mason, Gus Mason, or Olive Green engage in illegal insider trading? Explain the potential culpability of each party. Include possible civil or criminal penalties for each party.
• Was the conduct of the parties ethical?

The paper must be in APA format and there is no page limit. Please provide an example of case law if applicable. The textbook is Bagley, C.E. (2015). Managers and the Legal Environment: Strategies for the 21st Century (8th ed.). Mason, OH: South-Western Cengage Learning. ISBN: 9781285860374