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The Trial Of Martha Stewart

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The Trial Of Martha Stewart
CHAPTER 7 – case study “The trial of Martha Stewart” question 1 (p.225)
Did Martha Stewart commit the crime of insider trading when she sold her ImClone shares on December 27, 2001?

I believe that Martha Stewart committed the crime of insider trading. In my opinion, this case study had enough information about Martha Stewart’s trial. There are facts supporting that she had important and significant information about ImClone shares that wasn’t available to the public at that time. First of all, she received a phone call on December 27th from her stockbroker Bacanovic telling her that he “thinks ImClone is going to start trading downward” . Bacanovic also provided important information that S. Waksal, cofounder of ImClone Systems, sold all
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