Professor Donald Langevoort of Georgetown Law speaks with Reynolds Holding about how two duties — the obligation to disclose or abstain from trading on material  information and the duty to reveal corporate secrets — evolved from the Second Circuit’s Texas Gulf Sulphur decision in 1968 to the Supreme Court’s Chiarella ruling in 1980. Langevoort also explains how explosions and other disasters highlight the dangers of making even innocuous prior statements. Click on “read more” for a link to the conversation on the Blue Sky Banter podcast.