Which high-profile individual was involved in an ethics case related to insider trading?

Martha Stewart is widely known for her involvement in a high-profile ethics case related to insider trading, which occurred in the early 2000s. The case stemmed from an incident where she sold shares of a biopharmaceutical company, ImClone Systems, based on non-public information she received from her broker. This transaction raised suspicions and led to an investigation by the Securities and Exchange Commission (SEC). Stewart was not charged with insider trading itself but was convicted of conspiracy, obstruction of justice, and making false statements to federal investigators, which all stemmed from the insider trading investigation.

This situation highlighted the serious legal consequences that can arise from insider trading and the importance of ethical conduct in business practices. Stewart's case was significant in drawing public attention to issues of corporate governance and ethics, making her a prominent example in discussions about insider trading. The notoriety of this case and its implications for business ethics often serve as important lessons in finance and legal courses, including at institutions like Arizona State University.