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: Law Blog - WSJ.comBreaking News: Mark Cuban Charged with Insider Trading
By Ashby Jones
This just in: the WSJ is reporting that the SEC has charged billionaire entrepreneur and Dallas Mavericks owner Mark Cuban with insider trading relating to trades made of Mamma.com. Click here for the WSJ story; here for the SEC’s complaint.
It hasn’t been a good stretch for Cuban. Last week, reports appeared indicating that Cuban had “zero chance” of buying the Chicago Cubs, which real estate mogul (and Michigan Law grad) Sam Zell has put up for sale. (Click here for the Chicago Sun-Times story.)
On the brighter side for Cuban, who hates to lose and made most of his fortunes in the sale of Broadcast.com to Yahoo back in 1999: His Mavs beat the Knicks last night.
Photo: AP
Full post as published by Law Blog - WSJ.com on November 17, 2008 (boomark / email).
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