Home

Climate Change Project

Table of Contents

Courses

Search
<< >> Up Title Contents

Misappropriation of Information

The securities laws are limited in scope. There are more general commercial laws that prohibit the misappropriation of confidential information. These laws apply to employee physicians and others who have a relationship with the company. Physicians have the same duty to protect the company's information that they have to protect a patient's confidences. Improperly disclosing confidential information or using it for personal benefit is illegal, regardless of whether it violates the securities laws against the insider trading of stock. For example, a physician who has access to a proprietary cell culture formula through a confidential research agreement may not use that formula for research that does not benefit the company. A person who breaches the duty of confidentiality to a company can be sued by the company and prosecuted criminally for theft.

<< >> Up Title Contents

Law and the Physician Homepage
Copyright 1993 - NOT UPDATED

The Climate Change and Public Health Law Site
The Best on the WWW Since 1995!
Copyright as to non-public domain materials
See DR-KATE.COM for home hurricane and disaster preparation
See WWW.EPR-ART.COM for photography of southern Louisiana and Hurricane Katrina
Professor Edward P. Richards, III, JD, MPH - Webmaster

Provide Website Feedback - https://www.lsu.edu/feedback
Privacy Statement - https://www.lsu.edu/privacy
Accessibility Statement - https://www.lsu.edu/accessibility