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LSDefine

Simple English definitions for legal terms

inside information

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A quick definition of inside information:

Inside information refers to information about a company's financial or market situation that is not available to the public, but is obtained from a source within the company or someone who has a duty to keep the information confidential. This information can be used to make trades in the company's stock, which is known as insider trading. Insider trading is illegal and can result in fines and imprisonment. It is important to only use information that is available to the public when making investment decisions.

A more thorough explanation:

Definition: Information about a company's financial or market situation obtained not from public disclosure, but from a source within the company or a source that owes the company a duty to keep the information confidential. This is also known as insider information.

Example: If a person who works for a company knows that the company is going to release a new product that will make the company's stock price go up, and they buy stock in the company before the news is made public, that is insider trading.

Explanation: The person had access to information that was not available to the public, and they used that information to make a profit. This is illegal because it gives the person an unfair advantage over other investors who do not have access to the same information.

Insider trading is a serious crime that can result in fines and even jail time. It is important for companies to have policies in place to prevent insider trading and for employees to understand the consequences of sharing confidential information.

inside director | insider dealing

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General chat about the legal profession.
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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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