What is required to impose sanctions for the given offense

Assignment Help Business Law and Ethics
Reference no: EM131660843

Question: Case Problem with Sample Answer. Scott Ginsburg was chief executive officer (CEO) of Evergreen Media Corp., which owned and operated radio stations. In 1996, Evergreen became interested in acquiring EZ Communications, Inc., which also owned radio stations. To initiate negotiations, Ginsburg met with EZ's CEO, Alan Box, on Friday, July 12. Two days later, Scott phoned his brother Mark, who, on Monday, bought 3,800 shares of EZ stock. Mark discussed the deal with their father, Jordan, who bought 20,000 EZ shares on Thursday. On July 25, the day before the EZ bid was due, Scott phoned his parents' home, and Mark bought another 3,200 EZ shares. The same routine was followed over the next few days, with Scott periodically phoning Mark or Jordan, both of whom continued to buy EZ shares. Evergreen's bid was refused, but on August 5, EZ announced its merger with another company. The price of EZ stock rose 30 percent, increasing the value of Mark and Jordan's shares by $664,024 and $412,875, respectively. The Securities and Exchange Commission (SEC) filed a civil suit in a federal district court against Scott. What was the most likely allegation? What is required to impose sanctions for this offense? Should the court hold Scott liable? Why or why not?

Reference no: EM131660843

Questions Cloud

What relationship is there with elections : Who is involved, and who are the targets? What tactics are used, and what relationship is there with elections?
Explain a domestic strategy and an international strategy : What are the basic differences between a domestic strategy and an international strategy?
Pervasive developmental disorders : In detail what is/are Pervasive Developmental Disorders (PDD)?
Infringement of intellectual property rights : Explain whether a court would likely hold the individual liable for an infringement of intellectual property rights?
What is required to impose sanctions for the given offense : The Securities and Exchange Commission (SEC) filed a civil suit in a federal district court against Scott. What was the most likely allegation?
Two alleles for a gene exist in a population : Two alleles for a gene exist in a population. The frequency of one is 0.22. What is the frequency of the other?
Research and explain the purpose of the agency : Identify one agency, bureau or department within the federal government responsible for upholding regulations that impact business operations.
Calculate the average cost per serving : Calculate the average cost per serving at each of the following monthly volumes: 1,000, 2,000, 3,000 and 5,000
How many units must be produced and sold : How many units must be produced and sold if the company would like to generate an income of $250,000 per year? the company must produce and sell.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd