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The Misappropriation Theory: Unmasking Insider Trading Fraud

Legal Insight: The Misappropriation Theory expands insider trading liability beyond corporate insiders to ‘outsiders’ who breach a duty of trust to the source of confidential information. Decoding the Misappropriation Theory of Insider Trading Insider trading is a fundamental violation of the fairness and integrity upon which the United States’ securities markets are built. Federal securities […]

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Protecting Your Board: The Business Judgment Rule Explained

Meta Summary: Shielding Corporate Leadership The Business Judgment Rule (BJR) is a foundational principle in corporate law, providing a crucial shield to corporate directors and officers. It establishes a judicial presumption that a board’s decisions were made in good faith, on an informed basis, and in the honest belief they were in the corporation’s best

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Unraveling the White-Collar Crime: What is Embezzlement?

Meta Description Embezzlement is a serious white-collar crime involving the fraudulent appropriation of entrusted assets. Learn the core legal elements, how it differs from theft, and the severe penalties, including prison and heavy fines, for this breach of fiduciary duty in US law. In the complex landscape of criminal law, few offenses carry the specific

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The Ordinary Care Standard: Your Guide to Negligence Law

Meta Description: Understanding The Ordinary Care Standard The Ordinary Care Standard is the cornerstone of negligence law, determining legal liability by measuring conduct against the hypothetical ‘Reasonable Person.’ Learn how this objective benchmark, also known as ‘due care,’ is applied in personal injury and professional malpractice cases, and what constitutes a breach of this fundamental

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