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Prosecutors say that as the private negotiations ripened, Mr. Ballesteros traded on his confidential knowledge about the pending deal, using an offshore account in the Channel Islands and placing trades through a broker in Switzerland.
More generally, entities such as financial printers, law firms, and investment banking firms do not give socially valuable interviews to market analysts about the future prospects of companies about which they have confidential knowledge.
The appeals panel refused to strike down Lasker's order, opining that Explorica had crossed the line by using Gormley's confidential knowledge to design the scraper absurd, given that the price information was available to anyone who gazed at EF's site.
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A confidential source with knowledge of the incident told investigators that " 'special' children, those of city officials, did not have to go through any process to be enrolled at" Capitol Hill Montessori at Logan, the report states.
Mr. Foxman said that at the Winter Park screening audience members were asked to sign an agreement that, according to a copy he read to a reporter over the telephone, required them to keep confidential their "exposure, knowledge and opinions of the film" and of a question-and-answer session with Mr. Gibson.
Transferred to received interlocks, the tie-creating executive might consciously or unconsciously reveal confidential information and knowledge gained via the outside directorship to his or her home company, which can have damaging consequences for the focal firm.
For those who do not want to disclose their HIV status, how feasible will it be to keep this knowledge confidential in a context where everyone or almost everyone will have been tested?
Though the exact terms of the deal remain confidential, a person with knowledge of the agreement said the amount was about $10 million.
Harding said Brett's explanation for his silence was that the knowledge was confidential, legally privileged, and would incriminate Foster if it were revealed.
Dozens of people had knowledge of confidential information about the deal, including bankers, lawyers and executives at both the buyers and the seller.
But the charges against Mr. Gupta are based on circumstantial evidence linking Mr. Gupta's knowledge of confidential Goldman information to trading by Mr. Rajaratnam.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com