1.   Morgan and others say the most implausible plot line involved the head of the Wall Street firm blatantly violating insider trading laws.

2.   The company and several executives, including its executive vice president and chief geologist, were found to have violated insider trading rules and fined.

3.   The SEC has been investigating whether Lazio violated insider trading laws three years ago by investing in a company controlled by some of his largest contributors.

4.   Trading before such knowledge becomes public can violate federal insider trading law.