Welcome back to the Insider Trading Cartoon Series.  To explore the misappropriation doctrine further, we present another scenario full of risk to people who are too willing to take advantage of unexpected access to material, nonpublic information.

Part 1 - The Insider Trading Cartoon Series Vol. I — Classical Theory 

Part 2 - Insider Trading Cartoon Series, Vol. II — Temporary Insiders

Part 3 - The Insider Trading Cartoon Series, Vol. III — Very Temporary Insiders

Part 4 - Insider Trading Cartoon Series, Vol. IV — Rank-and-File Employees [VIDEO]

Part 5 - Insider Trading Cartoon Series, Vol. V — Misappropriation Theory [VIDEO]

Part 7 - Insider Trading Cartoon Series, Vol. VII — Misappropriation Theory (Part the Third)

Part 8 - Negligence Based Charges - The Insider Trading Cartoon Series, Vol. VIII [VIDEO]

Part 9 - Tender Offers - The Insider Trading Cartoon Series, Vol. IX [VIDEO]

Part 10 - Tipping (Pre-Newman): Insider Trading Cartoon Series, Vol. X

Part 11 - Multi-Level Tipping: Insider Trading Cartoon Series, Vol. XI [VIDEO]

Part 12 - Innocent Intermediary: Insider Trading Cartoon Series, Vol. XII [VIDEO]