Do you think it would be wrong for Luke to share information about coming releases with friends and family? Why or why not?

It would depend on the context in which Luke is sharing information about coming releases with friends and family. If it’s general information that can be easily obtained from public sources, then there likely isn’t any harm in providing this information to them. However, if Luke is disclosing confidential or private company data that has yet to be made available to the public, then he could be violating company policy and potentially breaking the law by doing so. In such a case, Luke should consult with his employer for advice before deciding whether or not to proceed.

Moreover, even if the information being shared does not violate any laws or regulations, it might still have an impact on the stock price of the company depending on when it is released and who is receiving it. The sharing of material non-public information can lead to insider trading charges if certain conditions are met which could further damage Luke’s reputation as well as that of his employer. Furthermore, people may perceive any attempts at getting preferential treatment through such activities negatively which could also hurt their relationships with colleagues or customers.

Therefore, while there may not necessarily be anything wrong with sharing certain kinds of information among friends and family in some situations; in general it is best for Luke to err on the side of caution and seek permission from his employer prior taking any action related to this subject matter.