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Mark Cuban Nailed By the SEC
gary-weiss.com —
... . It's an interesting complaint, by the way. According to the SEC, Cuban became an "insider" because the CEO of the company told him about an upcoming PIPE deal. Does that mean that if I own shares, a CEO can make me an "insider" by calling me and blurting out some inside information? I guess so. Doesn't seem fair, and it will be interesting to see how this plays out. I see that Cuban is vigorously protesting his innocence . I also see that, for now at least, he is not being criminally prosecuted. © 2008 Gary Weiss. All rights reserved. ...
Mark Cuban Is Innocent, According To Him
24/7 Wall St. —
... Mark Cuban claims he in innocent of insider trading of shares in Mamma.com He short defence from his own website : 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 responded to a civil complaint filed by the United States Securities and Exchange Commission in the United States District for the Northern District of Texas, Dallas Division. In its complaint, the Commission charges that Mr. ...
Well Off the Lows
The Learning Curve by Muckdog —
Mark Cuban responds, sorta-kinda, to the insider trading thang on his blog. "I wish I could say more, but I will have to leave it to this, and let the judicial process do its job." What passes for a "good day" in the stock market these days is when you hear a reporter say that we're "well off the lows of the day." You know, the stock market drops 250 points, then we rally to be only down 100. That's a good day. Citigroup laying off a total of 20% of their workforce. That adds another 53,000 to the ...
Someone Certainly Earned Their $2000 An Hour
Dealbreaker —
"Mr. Cuban intends to contest the allegations and to demonstrate that the Commission's claims are infected by the misconduct of the staff of its Enforcement Division."
I mean this kind of poetry is made by one born to write it. It simply cannot be learned.
The SEC [Blog Maverick]
A Purported War of Words Between Cuban and the S.E.C.
DealBook —
... has just very strange very quickly. Hours after the Securities and Exchange Commission said that it was charging the voluble owner of the Dallas Mavericks with illegally trading on confidential information related to Manna.com, a search engine company, Mr. Cuban fired off his own salvo. In a press release ( and blog post ), Mr. Cuban accused the S.E.C. of prosecutorial misconduct. What did he mean, exactly? A person close to Mr. Cuban told DealBook that an S.E.C. employee had sent Mr. Cuban e-mails several times over the past year or so, accusing him of being unpatriotic. The ...
SEC v Cuban - the Maverick responds
FT Alphaville —
Mark Cuban responds to the SEC’s allegation of insider trading (emphasis FT Alphaville’s): 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 responded to a civil complaint filed by the United States Securities and Exchange Commission in the United States District for the Northern District of Texas, Dallas Division. In its complaint, the Commission charges that Mr. Cuban engaged in ...
Officials charge Mark Cuban with insider trading | Entertainment | Industry | Reuters
FinanceProfessor.com —
... You can say what you want about Mark Cuban, but he is a news magnet. Amazing. It will be interesting case to follow. (BTW You can see what Cuban has to say about it(not much) on his blog.)
Mark Cuban To The SEC: I’m Not The Insider Trader, You Are!
TIM - Timothy Sykes —
Mark Cuban To The SEC: I’m Not The Insider Trader, You Are! Posted by Timothy Sykes on Sun 30th of Nov, 2008 03:35:43 PM Remember when the SEC grabbed all the headlines after going after Mark Cuban with insider trading ? First, he responded with this post and this post . Now… Well, Cuban ain’t going down without a fight and it’s almost laughable how easy it is for this determined SOB to pick apart this joke of a government regulator: In this post Cuban writes: First the humorous side of the report, the SEC apparently has issues with Porn usage among ...
