Martha Stewart Case: ImClone Stock Trading Case

Martha Stewart Case: ImClone Stock Trading Case

Do you think they acted ethically?

Martha and her broker, Bacanovic, had not acted ethically as they are one of the reasons of market collapse on 28th December, 2001; beside the executives of ImClone. It is considerably not ethical that for intrinsic benefits, she can sell the shares on leaked information that is still not publically announced.

Do you agree with the conviction? Explain why or Why not.

The conviction is quite controversial, as the influencers in this scenario were the executives of ImClone, and any individual who would get this information ...