DUE 09.24.14 @ 11:59pm Document Requirements: MS Word Font size: 12 3/4-1 page(willn't need anymore then 1 page for sure) 1-3 references in apa citation(willn't need anymore then 3 sources) Thorough Response is a must NO Plagiarism!!  Assignement Details Below: Grand Metropolitan PLC (Grand Met) planned to make a tender offer as part of an attempted takeover of the Pillsbury Co. Grand Met hired Robert Falbo, an independent contractor, to complete electrical work as part of security renovations to its offices to prevent leaks of information concerning the planned tender offer. Falbo was given a master key to access the executive offices. When an executive secretary told Falbo that a takeover was brewing, he used his key to access the offices and eavesdropped on conversations; in this way, he learned that Pillsbury was the target. Falbo bought thousands of shares of Pillsbury stock for less than $40 per share. Within two months, Grand Met made an offer for all outstanding Pillsbury stock at $60.00 per share and ultimately paid up to $66 per share. Falbo made a profit of more than $165,000. The Securities and Exchange Commission (SEC) filed a suit in a federal district court against Falbo and others for alleged violations of, among other things, SEC Rule 10b-5. [ SEC v Falbo , 14 F.Supp.2d 508 (S.D.N.Y. 1998)] Under what theory might Falbo be liable? Do the circumstances of this case meet all of the requirements for liability under that theory? Explain. Remember to justify your answer and  be sure to : Examine the SEC Rule 10b-5. Discuss whether or not Falbo was liable under the misappropriation theory. .

1. DUE 09.24.14 @ 11:59pm
Document Requirements:
MS Word
Font size: 12
3/4-1 page(willn't need anymore then 1 page for sure)
1-3 references in apa citation(willn't need anymore then 3
sources)
Thorough Response is a must
NO Plagiarism!!
Assignement Details Below:
Grand Metropolitan PLC (Grand Met) planned to make a tender
offer as part of an attempted takeover of the Pillsbury Co.
Grand Met hired Robert Falbo, an independent contractor, to
complete electrical work as part of security renovations to its
offices to prevent leaks of information concerning the planned
tender offer. Falbo was given a master key to access the
executive offices. When an executive secretary told Falbo that a
takeover was brewing, he used his key to access the offices and
eavesdropped on conversations; in this way, he learned that
Pillsbury was the target. Falbo bought thousands of shares of
Pillsbury stock for less than $40 per share. Within two months,
Grand Met made an offer for all outstanding Pillsbury stock at
$60.00 per share and ultimately paid up to $66 per share. Falbo
made a profit of more than $165,000. The Securities and
Exchange Commission (SEC) filed a suit in a federal district
court against Falbo and others for alleged violations of, among
other things, SEC Rule 10b-5. [
SEC v Falbo
, 14 F.Supp.2d 508 (S.D.N.Y. 1998)]
Under what theory might Falbo be liable?
Do the circumstances of this case meet all of the requirements
for liability under that theory? Explain.

2. Remember to justify your answer and
be sure to
:
Examine the SEC Rule 10b-5.
Discuss whether or not Falbo was liable under the
misappropriation theory.