Reference no: EM13921732

Upon completion of the Required Readings, write a thorough, well-planned narrative answer to each of the following discussion questions. Rely on your Required Readings and the Lecture and Research Update for specific information to answer each discussion question, but turn to your original thoughts when asked to apply, evaluate, analyze, or synthesize the information. Your Discussion Question responses should be both grammatically and mechanically correct, and formatted in the same fashion as the questions themselves. If there is a Part A, your response should identify a Part A, etc. In addition, you must appropriately cite all resources used in your responses and document in a bibliography using APA style.

Read the case of United States v. O'Hagan found in Reed et al. (2005), Chap. 16, pp. 496-498, and answer the following questions. (25 points) (A 1 1/2 page response is required.)

a) What was O'Hagan accused of and what was the theory used by the SEC to argue that he violated the law?

b) According to the Supreme Court, when and against whom did the wrongful conduct occur?

c) What reasons did the Supreme Court give for its holding?