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NBA | Cuban disputes federal charges

 
Federal regulators on Monday charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses. (link)

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Mark Cuban Charged with insider trading. oh boy.
online.wsj.com 11/17/2008 — The Securities and Exchange Commission filed insider trading charges against Mark Cuban, the outspoken owner of the Dallas Mavericks, for allegedly dumping shares in Mamma.com upon learning it was raising money in a private offering.
Mavericks owner Mark Cuban accused of insider trading
sports.espn.go.com 11/17/2008 — The Securities and Exchange Commission has accused Dallas Mavericks owner Mark Cuban of insider trading. The Wall Street Journal on Monday reported that Cuban is alleged to have dumped shares in Mamma.com upon learning it was raising money in a private offering. In a civil action, the SEC ...
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deadspin.com 11/18/2008 — "Rule no 1 of any smart investor is don't get attached." — Mark Cuban A lot of information about the Mark Cuban situation is pouring in now, and there will be plenty of time for speculation, recriminations and schadenfreude. Plus, Cuban has ...
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sportingnews.com 11/18/2008 — Mark Cuban should learn from Martha Stewart's case and just cut a check to the SEC, which is accussing him of insider trading. Otherwise, things could turn out much worse for the Mavericks owner.
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Allegations of insider trading by Mavericks owner Mark Cuban come at an inopportune time for both him and his franchise. Cuban's atypical, at least for an NBA franchise, businesslike management style has had its share of detractors over the years.  ...
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The Mavs stink. MLB is blackballing him. And the SEC is on his case. Kevin Hench is almost sorry for billionaire Mark Cuban. Almost.
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Today, Dallas Mavericks’ owner Mark Cuban was accused of using private information to get an edge on stock trading and ultimately save the loss of $750,000. The SEC claimed that Cuban agreed to receive 600,000 shares of Mamma.com, a search ...
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Since buying the Dallas Mavericks eight years ago, Mark Cuban has turned the team around and made himself one of the most visible owners...