In TheUnited States V

question 17

Multiple Choice

In theUnited States v.O'Hagan case referenced in the text,O'Hagan was a partner in the law firm of Dorsey & Whitney who represented Grand Met.Grand Met revealed to O'Hagan that Grand Met intended to make a tender offer to Pillsbury.Based on this confidential material information form his client O'Hagan purchased stock and options in Pillsbury prior to a public announcement of Grand Met's tender offer for Pillsbury.O'Hagan realized over $4million in profits but was later convicted of insider trading.The U.S.Supreme Court upheld O'Hagans criminal conviction based on the:

• A) Derivative Insider Theory of Insider Trading.
• B) Classical Theory of Insider Trading.
• C) Missappropriation Theory of Insider Trading.
• D) Bespeaks Doctrine of Insider Trading.

---

Definitions:

Supportive Devices

Tools or apparatus designed to assist individuals with disabilities or impairments in performing daily activities or improving mobility.

Internal Rotation

The rotation of a limb or body part toward the center of the body.

Dangle

The act of sitting on the edge of a bed with legs hanging freely, used to help patients transition from lying to standing positions.

Positioning

The act of placing or arranging someone or something in a particular posture or location.