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online.wsj.com - 11/17/2008

Mark Cuban Charged with insider trading. oh boy.

— 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.

NBA

Mark Cuban

Dallas Mavericks

Comments vote downundo vote up char6587 posted 11/17/2008posted this

20

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

15

blogmaverick.com - 11/17/2008

The SEC

— blogmaverick.com — I wish I could say more, but I will have to leave it to this, and let... the judicial process do its job. November 17, 2008 RE: SEC Civil Action in the United States District for the Northern District of Texas, Dallas Division Mark Cuban today ... (more) The SEC

NBA

Dallas Mavericks

Comments vote downundo vote up Deadspin found this 11/17/2008found this

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Breaking news: SEC charges Mark Cuban with insider trading
Ball Don't Lie — ... — upon learning it was raising money in a private offering. Gulp. Here's a snippet of the SEC press release, via The Huffington Post: ...

Charges Filed Against Mark Cuban by SEC for Insider Trading
Midwest Sports Fans — ... Obviously, these are only charges and Mark Cuban has not convicted of anything yet. However, this certainly does not look good. According to the Huffington Post, when Mark Cuban initially sold his shares it made news. Apparently he claimed at the time that he did not agree with PIPE transaction because it would dilute his funds. This is not an uncommon reaction by major shareholders upon the announcement of PIPE transactions, but the key to this story, as with any insider trading story, will be the prosecutors’ ability to establish a timeline. ...