Reference no: EM13990884
CARDWARE Inc. plans to take over First Class Purses & Accessories (FCPA) in an effort to coordinate elegant CARDWARE professional attire with items from FCPA that will complement CARDWARE’s fashion designs. Darla, owner of Darla’s Dummies, a mannequin manufacturer whom CARDWARE had used on numerous occasions happened to be delivering mannequins to CARDWARE’s principal place of business in Silkadonia. As she was bringing the last of the dummies down the hall to the room where the dummies are dressed, she paused to listen to a conversation coming from one of the open doors of the hallway she was using. Realizing that a profit could be made from FCPA’s stock, Darla called her broker and indicated that she wanted to purchase 50 percent of the outstanding stock that was available for FCPA. Darla bought 2,000 shares of stock at $30 a share.
CARDWARE offered $50 a share and ultimately ended up paying $65 per share for FCPA stock. Darla was no dummy, as she made a $70,000 profit on her stock purchase.
The Securities and Exchange Commission (SEC) filed a suit in a federal district court against Darla and others for alleged violations of, among other things, SEC Rule 10b-5. [ SEC v. Falbo 14 F.Supp.2d 508 (S.D.N.Y. 1998)]
Discuss the following, justifying your response using information from your Reading
Under what theory might Darla be liable?
Do the circumstances of this case meet all of the requirements for liability under that theory? Explain.
Examine the SEC Rule 10b-5.
Discuss whether or not Darla was liable under the misappropriation theory.
Please help me answer this in a summary form. No less than 250 words.
|
Effects and wisdom of deregulation are still debated
: Although it has been more than 3 decades since the passage of the U.S. Airline Deregulation Act of 1978, the effects and wisdom of deregulation are still debated. Present one argument in favor or in opposition to airline deregulation.
|
|
Define air transportation industry
: Define "air transportation industry" and distinguish between certificated air carriers and general aviation. Discuss one argument in favor and one opposed to U.S. airline deregulation in 1978.
|
|
The merging of e-learning and knowledge management
: The merging of e-learning and knowledge management seems a logical progression. How might this merging affect organizational knowledge development and innovation?
|
|
Physician contacting several of the patients
: A local hospital in Luverne, Alabama hired an orthopaedic fresh out Medical school in 2000. Ten months later she leaves for another hospital in the region. The company sues her for breach of her non-compete agreement which stated she could not engage..
|
|
Under the misappropriation theory
: CARDWARE Inc. plans to take over First Class Purses & Accessories (FCPA) in an effort to coordinate elegant CARDWARE professional attire with items from FCPA that will complement CARDWARE’s fashion designs. CARDWARE offered $50 a share and ultimately..
|
|
Qualities of a project manager
: Research the Phase Resources to research the role of the project manager, and then write a 150-word summary of the role of a project manager based on what you know. Include how skills, such as technical skills, effective problem-solving skills, and i..
|
|
Initiating and implementing social media policies
: In the last few years, companies have begun initiating and implementing social media policies for their employees to follow. These policies range from encouraging employees to utilizing social media for marketing purposes, to restricting the use of s..
|
|
Analyze and target the right group of customer
: Analyze and target the right group of customer that use and are more often to seek information on our actual social media platforms. Develop each platform differently by using the strong sides of each platform and create a connection between each ot..
|
|
The shift from the transaction marketing paradigm
: The shift from the transaction marketing paradigm containing concepts such as e.g. the marketing mix - to a relationship marketing paradigm. What does this mean? How do these paradigms differ, and why has this shift come about?
|