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This is the Exam of Business Associations and its key important points are:Memo Detailing, Valuable Technology, Corporate Charter, Board of Company, Proxy Statement, Staff Attorney, Value of Company, Provision Protecting, Portable Computer Printers
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You work for the SEC as a staff attorney. Ms. C, a Director of Company A, upset at the number of people who have been damaged by this course of events, and feeling guilty about her involvement, contacts the SEC and discloses the fact pattern discussed above. Your supervising attorney asks you to send a memo detailing what laws have been violated, what claims or causes of action may be asserted by the SEC, who will be the defendants in any action, what defenses are available to them, and what the likely outcome of the litigation will be. Prepare your memo.