There are two insider trading-related “mistakes” that I have repeatedly warned against in this blog through the years.

Mistake 1. People whose firms are directly involved in merger transactions (e.g., public company employees, investor relations executives, lawyers, accountants, etc.) foolishly believe that they can engage in insider trading without being caught. Seriously, just don’t do it! As I asked here about another insider trading case against a lawyer whose firm was involved in the transaction,