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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

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

9

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

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Are insider trading charges the final nail for Cuban's Cubs bid?
Big League Stew — Last week, it appeared that Mark Cuban's greatest current challenge was going to be convincing baseball's owners to let him buy the Cubs. Today that seems like the least of his problems because news just broke that Cuban has been charged with insider trading by possinly the only group with a lower sense of humor than MLB's braintrust — the SEC.   From WSJ.com: "The Securities and Exchange Commission filed insider trading charges against Mark Cuban, the outspoken owner of the Dallas Mavericks, ...

SEC Charges Cuban with Insider Tradiing
SportsBiz - The Business of Sports Illuminated — ... need? Apparently, at least another $750,000. That's the amount the Securities & Exchange Commission believes Dallas Mavericks owner Mark Cuban avoiding losing by dumping all of his Mamma.com stock one day before the company announced it had concluded a successful private offering of its stock. The day after Cuban sold his entire 6% interest in the company, the share offering was announced and the price of the company's stock dropped more than 10%. The SEC has filed a civil action charging Cuban with insider trading. You can see a copy of the complaint here ...