Ask Question
BusinessBusiness
16 July, 11:54

What crime do you believe Scammel's actions led to his being charged with? Do you think there was enough evidence to warrant his conviction for that crime? [S. E. C. v. Scammel, 2011 WL 3506153 (C. A. C. D., Aug. 11, 2011).]

+1
Answers (1)
  1. 16 July, 12:06
    0
    Answer: Scammell was accused of trading fraud.

    Explanation:

    Toby Scammell was a resident of San Fransisco who made $192,000 trading illegally after he was aware that Marvel Entertainment would be purchased by Walt Disney. He was accused by SEC of placing speculative bets after he was informed by his girlfriend that Walt Disney would buy Marvel Entertainment Company.

    There were not enough evidence to convict him. The agency was unable to tell everyone exactly how Scammell learned about the proposed Disney's acquisition of Marvel. The S. E. C. assumed he got the information from his girlfriend which he denied. His browsing history was also checked and entries like material and insider trading were found. I believe the fact that those words were found on his computer doesn't necessarily mean he was guilty. It could just have been a coincidence and according to Scammell, he said the online searches had nothing to do with Marvel.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “What crime do you believe Scammel's actions led to his being charged with? Do you think there was enough evidence to warrant his conviction ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
As a team leader when you need the team to to demonstrate greater flexibility and focus on the task due to a pending client deadline you
Answers (1)
When you widen a column that results in excess row heights, you can eliminate the excess row height by:
Answers (1)
Processing of computer information is an example of which sector of the economy? processing of computer information is an example of which sector of the economy? primary the data sector primary and secondary sixth percentile tertiary
Answers (1)
Adam is a 25-year old Millennial who is considered a super-star manager at a technology company. He has been asked to hire a team of IT specialists to launch a new product.
Answers (1)
Brianna and Natalie are planning an e-commerce company for business travelers. They want to be sure that all the employees have a wide scope of decision-making authority.
Answers (1)
New Questions in Business
Last year, Goran had $30,000 to invest. He invested some of it in an account that paid 7% simple interest per year, and he invested the rest in an account that paid 10% simple interest per year.
Answers (1)
A function that indicates the maximum output per unit of time that a firm can produce, for every combination of inputs with a given technology, is called A. a production possibility curve. B. a production function. C. an isocost function. D.
Answers (1)
Guardrails should be installed along all open sides and ends of scaffolding before use. A. False B. True
Answers (1)
A fire destroys all of the merchandise of Coronado Company on February 10, 2017. Presented below is information compiled up to the date of the fire: Inventory, January 1, 2017 $423,300 Sales revenue to February 10, 2017 1,924,500 Purchases to
Answers (1)
How should you use operating costs when calculating incremental cash flows? Group of answer choices: A. Do not subtract operating costs, and then subtract taxes on operating income before operating costs. B. Subtract operating costs. C.
Answers (1)
Home » Business » What crime do you believe Scammel's actions led to his being charged with? Do you think there was enough evidence to warrant his conviction for that crime? [S. E. C. v. Scammel, 2011 WL 3506153 (C. A. C. D., Aug. 11, 2011).]
Sign Up Forgot Password?