Insider Trading Scandal- What Happened?

Insider Trading can be summarized as the illegal use
of insider information for profit in financial
trading. An example would be a person that works in a
large company. The person some how finds out that a
certain stock is going to go down. They tell other
people that shouldn't know about it and they all sell
their shares in the stock to avoid losing money. This
is not fair to the general public because it gives the
insider traders an unfair advantage over them. They
will gain money while everyone else loses.