SEC's Mark Cuban Win Could Be Short-Lived

Law360, New York (September 21, 2010, 6:09 PM EDT) -- A federal appeals court's decision Tuesday to revive the U.S Securities and Exchange Commission's insider trading case against self-made billionaire Mark Cuban marks a big win for the commission, but whether the agency will claim ultimate victory remains in doubt, attorneys said.

A three-judge panel of the U.S. Court of Appeals for the Fifth Circuit revived the case Tuesday, saying that it's plausible that Cuban could have thought he was restricted from trading on the information he obtained about an impending private investment in public equity...
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