Which provisions of the 1934 Act, if any, have been violated?-Has Dirks violated Section 10(b) and Rule 10b-5? Explain
ASSIGNMENT Intercontinental Widgets, Inc., had applied for a patent for a new state-of-the-art widget, which, if patented, would significantly increase the value of Intercontinental’s shares. On September 1, the U.S. Patent and Trademark Office notified Jackson, the attorney for Intercontinental, that the patent application had been approved. After informing Kingsley, the president of Intercontinental, of […]