Question by  worker15 (12)

What is a definition of a fact pattern?

It has to do with insider trading.


Answer by  patti (29325)

A fact pattern is a simply a presentation of facts. Law students are often presented with fact patterns and, based on their knowledge of the law, are expected to weed through the facts and eliminate those that have no relevance or bearing on the matter at hand. Fact patterns exist in all disciplines and endeavors, including stock trading.


Answer by  Atomicrayon (2504)

A fact pattern is a train of reasoning deduced by judges or prosecutors that ties an inside trader to a particular crime.


Answer by  mammakat (11147)

As regards the Federal Statute Regulating State Activity Commerce Clause, which deals with insider trading, this is a very detailed, intensive adjudication that I certainly don't have the means or space to break down here. There are such a number of court cases sited here that I can't direct you to one. I suggest you consult an applicable attorney.


Answer by  tamarawilhite (17883)

A fact pattern is a series of facts that reveal a trend or pattern. Many employees or relatives to employees selling stock is a fact pattern for insider trading.

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