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Jacob is a stockbroker who, over the course of a year, sold 1.5 million shares in a company, ChemTex to

people and other companies that he was affiliated with. He did this so that the ChemTex looked like a success and encouraged others to trade. Has Jacob done anything unlawful?

Top Answer

No As long as Jacob has given the true facts about the company and made no misrepresentations he is... View the full answer

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