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Mark Cuban

Dallas Mavericks

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thesmokinggun.com - 11/17/2008

Mark Cuban Charged With Insider Trading - November 17, 2008

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SEC: Dallas maverick improperly dumped 600,000 shares of tech stock NOVEMBER 17--Mark Cuban, the controversial owner of the Dallas Mavericks basketball team, was charged today with insider trading in connection with the sale of his entire stake in an Internet search engine firm. Cuban ...

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sports.espn.go.com - 11/17/2008

Mavericks owner Mark Cuban accused of insider trading

— 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

NBA

Dallas Mavericks

Mark Cuban

Comments vote downundo vote up kcudah posted 11/17/2008posted this

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bizofbaseball.com - 11/17/2008

Psst. I'll Trade Ya. Mark Cuban Charged with Insider Trading

— 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

MLB

Chicago Cubs

Scott Williamson

Comments vote downundo vote up Kumar posted 11/17/2008posted this

6

sports.yahoo.com - 11/17/2008

Breaking news: SEC charges Mark Cuban with insider trading

— sports.yahoo.com — Just when you thought things couldn't get any worse for the Dallas Mavericks ... Owner Mark Cuban... has been charged by the Securities and Exchange Commission for allegedly dumping shares in Mamma.com — The Mother of All Search Engines — ... (more) Breaking news: SEC charges Mark Cuban with insider trading

NBA

Mark Cuban

Dallas Mavericks

Comments vote downundo vote up The Dagger found this 11/17/2008found this

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The Mark Cuban Scandal For Dummies (Like Us) [Mark]
Deadspin — ... that needs to be addressed by regulators. You may recall that the SEC essentially banned the practice this year after it led to the failure of Lehman Brothers and other financial companies. Oops. He also admits that he knew Mamma.com had a shady history before he even invested, but chose to put his money in it anyway. Double oops. But I think the last line sums everything up pretty neatly. "Im glad I sold my stock." Yeah, I bet. Mark Cuban Charged With Insider Trading [The Smoking Gun] SEC's Mark Cuban Insider Trading ...

Perkisablotter: Cuban Indicted
perkisabeast.com Blog — ... SEC alleges Mr. Cuban sold his entire 6% ownership stake on June 28, 2004, immediately after learning that Mamma.com was raising money through a private investment in private entity, or PIPE. The next day, after the markets closed, the company announced the PIPE financing. When the markets opened the morning of June 30, shares of the company dropped by 9%. By selling his stake, Mr. Cuban avoided more than $750,000 in losses, the SEC alleges. You can read the whole complaint here. While it’s never an open and shut case with this kind of white ...