A Comparative Legal Appraisal of the Problem of Insider Trading in Mergers and Acquisitions

Insider trading in company law is not only unethical but amounts to cheating by making unjust profit, and sometimes fraudulent, particularly in mergers and acquisitions situations. This paper aims at examining the effects of insider trading in mergers and acquisitions in the United Kingdom and Nigeria and how legislations had tried to curb the ignoble acts.