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Archive for the 'insider trading' Tag

Court to Cuban: Good luck with that defense…

Wednesday, September 22nd, 2010

Here we go again: The Mark Cuban insider-trading case — the one we all had pleasantly forgotten about — is back. And in ruling to reinstate the SEC’s insider-trading lawsuit against Cuban on Tuesday, the appellate judges issuing the ruling may have presented the investor and sports mogul something of a damned-if-he-does, damned-if-he-doesn’t scenario (in [...]

Posted in Legal woes | Tags: , | 2 Comments »

SEC goes back after Mark Cuban…

Thursday, October 8th, 2009

We were taken by surprise yesterday afternoon when we got a short email from the SEC that it had decided to appeal the insider trading case against billionaire investor Mark Cuban. The email was pretty concise: a short statement from SEC spokesman John Nester that said “As we alleged in our complaint, Mark Cuban violated [...]

Posted in SEC stuff | Tags: , , | Comments Off