Insider Trading at E-M Incorporated Analytical Essay by Top Papers

Insider Trading at E-M Incorporated
A look at E-M Incorporated and the trading of its stock.
# 139140 | 1,000 words | 0 sources | 2008 | US
Published on Dec 01, 2008 in Business (Finance, Investment and Banking)


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Description:

The paper relates that Sleazy created E-M Incorporated, whose stock is traded publicly, and, the corporation does business in all 50 states. The paper reveals that in 1975, Sleazy sells to E-M, Inc. $100,000 worth of plastic for 2,000 shares of E-M common stock at the value of $100 each, or a face value of $200,000. The paper also reveals that the next year, he sold the remaining 5,000 shares to the public, and in 1979, E-M, Inc. goes bankrupt and is sued by the shareholders.

From the Paper:

"Sleazy created E-M Incorporated, whose stock is traded publicly. The corporation does business in all 50 states. 1. In 1975, Sleazy sells to E-M, Inc. $100,000 worth of plastic for 2,000 shares of E-M common stock at par value of $100 each, or a face value of $200,000. The next year he sold the remaining 5,000 shares to the public. In 1979, E-M, Inc. goes bankrupt and is sued by the shareholders. Sleazy created E-M, Inc. and is therefore presumed to be an officer or director of the corporation. Therefore, Sleazy has a duty of loyalty to the corporation and the shareholders. When he sold $100,000 worth of..."

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APA Format

Insider Trading at E-M Incorporated (2008, December 01) Retrieved October 05, 2022, from https://www.academon.com/analytical-essay/insider-trading-at-e-m-incorporated-139140/

MLA Format

"Insider Trading at E-M Incorporated" 01 December 2008. Web. 05 October. 2022. <https://www.academon.com/analytical-essay/insider-trading-at-e-m-incorporated-139140/>

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