Problem
Imagine you are on an airplane flying to New York. While you are reading your book you happen to notice what the individual sitting next to you is typing on their computer. Upon closer inspection you see that this individual is an executive in a large tech company and is drafting an email to another executive within the company discussing a major innovation they will be announcing in two weeks. In the email one executive enthusiastically tells the other that their internal experts have estimated that the company's stock price will jump from its current price of $10 a share to well over $100 a share after the announcement is made. You quickly do the math and realize that if you purchased $10,000 of the stock today you would stand to make $100,000 after the announcement. You share this information with your parents who also decide to invest $100,000 of their savings, setting them up to make roughly $1 million dollars. Analyze the legality of you and your parents investing based on this information, making sure you cite any applicable laws. Is it legal? Is it ethical? Would you do it?