Japan Anti-Fraud Cases - Livedoor
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Title: Japan Anti-Fraud Cases - Livedoor

Essay Details:

Subject: Business
Author:
Date: February 24, 2013
Level: University
Grade: A
Length: 9 / 2570

Essay text:

The suspect contrived to obtain profits by purchasing Nippon Broadcasting shares before the publication of the open purchase and indeed did purchase the shares. The Homac case (insider trading) Homac Corporation (thereafter Homac) and Kahma Corporation (thereafter Kahma) had made a decision on transference of their shares so as to establish a joint holding company together with Daiki Corporation, and published this decision in July 2005. The suspect, the Executive Director of a company which had contracted with Homac and Khama to draw up materials for distribution to the press, obtained knowledge of the above decision at the time of entering into the contract...

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