By buying stock, Claire is guilty of which offense, if any?

A) She is guilty of insider trading because she tipped information.
B) She is guilty of an insider-trading violation because she traded on tipped information.
C) She is guilty of extortion.
D) She is guilty of larceny.
E) She is not guilty of any offense.

Insider Trading

Insider trading involves buying or selling a publicly-traded company's stock by someone who has non-public, material information about that stock.

Tipped Information

Insider information that is passed from one person to another, which can be illegal in financial markets.

Larceny

The criminal act of taking someone else's property without permission with the intent to permanently deprive them of it.