special facts doctrine
- A principle that asserts if a corporate leader has advanced knowledge because of their insider position, they must fulfill a specific fiduciary obligation to a shareholder when stock transfer transactions are involved
- The CEO was accused of violating the special facts doctrine by not disclosing essential details to the shareholders during the stock exchange.
- In the investigation, it was revealed that the special facts doctrine had been breached as the privileged information was not shared with the shareholder during the transaction.
- The special facts doctrine comes into play when insider information is relevant to a stock transaction between the company official and a shareholder.
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