Examlex
In your biology class, your final grade is based on several things: a lab score, score on two major tests, and your score on the final exam. There are 100 points available for each score. However, the lab score is worth 20% of your total grade, each major test is worth 27.5%, and the final exam is worth 25%. Compute the weighted average for the following scores: 91 on the lab, 83 on the first major test, 92 on the second major test, and 84 on the final exam. Round your answer to the nearest hundredth.
Insider Trading
The illegal practice of trading on the stock exchange to one's own advantage through having access to confidential information.
Material Information
Any information that could influence an investor's decision to buy or sell securities, including details about a company's financial status, operations, and any legal issues.
Securities Litigation Uniform Standards Act of 1998
A federal law that limits the securities class action lawsuits in state courts, aiming to prevent forum shopping and inconsistent rulings.
Class Action Suits
Legal actions in which a group of people collectively bring a claim to court or in which a class action is brought against a defendant.
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