Disgorgement Of Profits In Insider Trading
Simon was convicted of insider trading, and the judge ordered the disgorgement of his profits. What does this ruling mean?
ASimon must compensate for all losses incurred by any affected stockholders.
BSimon must pay the legal fees of the plaintiff.
CSimon must surrender any financial gains he acquired through the illegal activity.
DDisgorgement is inapplicable in this case because no financial losses occurred.
ESimon must serve time in a penal institution.
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