Matt Bloom is President for JWI, Inc. He has been President at JWI for 20 years and has accumulated a large amount of stock options during his tenure at the company. He is experiencing a difficult time financially as a result of some bad personal real estate investments and has been considering selling off his stock to pay off his personal debt. He decides to sell the stock the day before JWI, Inc. announces a large quarterly profit loss resulting from a class action lawsuit relating to a defective dryer they manufacture and sell in Mexico. Mr. Bloom is arrested for insider trading. He hires you as his attorney to help him out of this mess. What legal issues concern you here? Discuss the main issues you plan to go over with Mr. Bloom in your consultation with him