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Securities and Exchange Commission v. Cuban

  1. October 25, 2013

    Cuban Takes Parting Shot At Ex-SEC Enforcement Chief

    Fresh off his victory in a U.S. Securities and Exchange Commission insider trading trial, Mark Cuban published a blog post Friday criticizing former SEC enforcement chief Linda Thomsen over an internal 2007 email in which she referred to unflattering photographs of the Dallas Mavericks owner as "charming."

  2. October 16, 2013

    Jury Hands Cuban The Win In SEC's Insider Trading Case

    A Texas federal jury on Wednesday said billionaire investor Mark Cuban did not commit insider trading, finding against the U.S. Securities and Exchange Commission on all essential elements of the SEC's claim.

  3. October 15, 2013

    Jurors Weigh Cuban Insider Case After Contentious Closings

    A Texas federal jury on Tuesday began deliberating the U.S. Securities and Exchange Commission's insider trading allegations against billionaire entrepreneur Mark Cuban after heated closing arguments with each party accusing the other of lying to the jury.

  4. October 09, 2013

    Info Cuban Traded On Was Public, Insider-Trading Jury Told

    A securities expert on Wednesday told a Texas federal jury that information about an online search company's planned financing deal was already public before billionaire Mark Cuban dumped his stake in the company, as Cuban tries to upend insider trading allegations leveled at him by the U.S. Securities and Exchange Commission.

  5. October 08, 2013

    Cuban's Broker May Be Covering Up Insider Trade, SEC Says

    The U.S. Securities and Exchange Commission on Tuesday suggested billionaire entrepreneur Mark Cuban's longtime personal investment broker could be lying to a Texas federal jury about an alleged insider trade to protect his job.

  6. October 07, 2013

    Cuban Can't End Insider Trading Trial After SEC Rests

    A Texas federal judge on Monday denied billionaire entrepreneur Mark Cuban's bid to end an insider trading trial against him, finding the U.S. Securities and Exchange Commission had shown enough evidence Cuban may have traded on confidential information to let the case move forward.

  7. October 03, 2013

    Cuban Denies He Promised To Keep Deal Info Confidential

    In his first day on the witness stand Thursday, Dallas Mavericks owner Mark Cuban rebuffed the government's claims that he dumped his stock in an online search company after learning inside information about a planned private financing deal, testifying that he hadn't agreed to keep the information confidential.

  8. October 02, 2013

    Cuban Disputes SEC's Claim He Traded On Confidential Tip

    Billionaire Mark Cuban's defense team on Wednesday hammered away at the U.S. Securities and Exchange Commission's claim that he broke insider trading rules when he sold his stake in an online search company, arguing he never agreed not to act on information about a financing deal.

  9. October 01, 2013

    Cuban's Stock Dump Hurt Average Investors, SEC Tells Jury

    The U.S. Securities and Exchange Commission on Tuesday asked a Texas federal jury not to allow billionaire Mark Cuban to get away with dumping stock based on a confidential tip, saying insider trading harms the U.S. markets and hurts average investors, while Cuban argued he sold his stake in an online search company using public information.

  10. September 30, 2013

    Mark Cuban, SEC Pick Jury For Insider Trading Case

    As the U.S. Securities and Exchange Commission on Monday winnowed a pool of jurors for its insider trading suit against billionaire Mark Cuban, the Dallas Mavericks owner took plenty of ribbing about his less-than-stellar performance on "Dancing with the Stars" but was praised for sensible business advice he gives on the reality show "Shark Tank."