Since the beginning of stock markets, there have been those attempting to use insider information to gain an unfair advantage in stock trades. While it is not always illegal to trade on non-public information, it is a violation of law to buy or sell a security in breach of a fiduciary duty or other relationship of trust or confidence while in possession of material, non-public information about the security. Violations can also occur when an insider tips someone else about material, nonpublic information, and when someone trades on such tips. If you have evidence of someone trading on insider information you may have an actionable claim under the SEC Whistleblower Program, and should talk to a qualified whistleblower attorney.
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