How Cuban Scored A Home Court Win Against The SEC

Law360, New York (November 14, 2013, 11:08 PM ET) -- On Oct. 17, 2013, a Dallas, Texas, jury dealt the U.S. Securities and Exchange Commission a stunning defeat in federal court by finding Mark Cuban, the entrepreneur and owner of the Dallas Mavericks, not liable for insider trading.[1] While the verdict may have resulted from adverse evidentiary rulings, reliance on a reluctant, foreign witness and jury nullification for a hometown celebrity, this loss may cause the agency to reevaluate its approach to trials and to seek friendlier venues for insider trading cases.

Pretrial Background

The Misappropriation...
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