That is pretty much the text-book definition of misuse of material non-public information (ie that's 100% insider trading).
Whether or not you think it's the most heinous crime is up to you but there's no question it's illegal.
That is pretty much the text-book definition of misuse of material non-public information (ie that's 100% insider trading).
Whether or not you think it's the most heinous crime is up to you but there's no question it's illegal.