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chicagotribune.com - 11/17/2008
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Mark Cuban, Internet entrepreneur and owner of the Dallas Mavericks, was charged with insider trading Monday related to the stock of an online search engine, the Securities and Exchange Commission said.
online.wsj.com - 11/17/2008
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online.wsj.com —
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.
(more)
Mark Cuban Charged with insider trading. oh boy.
sports.espn.go.com - 11/17/2008
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sports.espn.go.com —
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 ...
(more)
Mavericks owner Mark Cuban accused of insider trading
bizofbaseball.com - 11/17/2008
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bizofbaseball.com —
Add the following as one more reason Mark
Cuban is most likely out of the running for
the Chicago Cubs. Cuban has been charged by the SEC for insider trading involving shares of Momma.com. As reported by The AP : The complaint claims that in 2004 Cuban learned of a private offering of Mamma.com ...
(more)
Psst. I'll Trade Ya. Mark Cuban Charged with Insider Trading
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SEC goes after Mark Cuban
SmackCaster SmackBlog —
... Dallas Mavericks owner Mark Cuban is facing insider trading charges by the SEC. The SEC alleges that in June 2004, Mamma.com Inc. invited Cuban to participate in a stock offering that would be conducted at a discount to the company’s prevailing market price. Within hours of receiving this information, according to the civil complaint, Cuban called his broker and instructed him to sell his entire position in the company. By selling at that time, Cuban avoided losses of more than $750,000, the SEC said. The ...
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