The Securities and Exchange Commission has charged Mt. Lebanon native and Dallas entrepreneur Mark Cuban with insider trading. The SEC said today that Cuban, owner of the Dallas Mavericks basketball team, sold 600,000 shares of the Internet search engine company Mamma.com in June 2004, based on non-public information about an impending stock sale. As a result, he avoided more than $750,000 in losses.
... trading program to a non-traditional market yielded decidedly mixed results. On June 24, 2010,... 4. SEC v. Cuban: Do Confidentiality Agreements Implicitly Bar Trad...
WASHINGTON - Federal regulators on Monday charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses. Cuban disputed the Securities and Exchange Commission's allegations and said he would contest them.
Court revives SEC's lawsuit vs. Cuban: A federal appeals court has revived the Securities and Exchange Commission's insider- trading lawsuit against Dallas Mavericks owner Mark Cuban. The 5th U.S. Circuit Court of Appeals in New Orleans announced its ruling Tuesday. The SEC has accused the Dallas billionaire of selling his shares in the Internet search engine company Mamma.com Inc. in 2004, avoiding a $750,000 loss after receiving confidential information about the company. Cuban said by e-mail that he was disappointed in the ruling and maintains he did not violate any civil laws. Auto racing NASCAR warns RCR on Bowyer's Chase-clinching car: NASCAR warned Richard Childress Racing that Clint Bowyer's car came close to failing inspection after his Chase-clinching drive at Richmond. Bowyer...
WASHINGTON -- Federal regulators on Monday charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses. Cuban disputed the Securities and Exchange Commission's allegations and said he would contest them.
WASHINGTON Federal regulators on Monday charged Dallas Mavericks owner Mark Cuban with insider trading for allegedly using confidential information on a stock sale to avoid more than $750,000 in losses.
DALLAS (MCT) -- A federal judge in Dallas has tossed out the Securities and Exchange Commission's insider trading suit against Dallas businessman Mark Cuban, dealing a surprising defeat to the regulator in one of its highest-profile civil actions. Chief Judge Sidney Fitzwater said in a 35-page ruling released Friday that the SEC had failed to prove that the Dallas Mavericks owner had entered into a legal agreement not to trade stock in the search engine firm Mamma.com Inc. despite knowing nonpublic information about the company's plans to raise more money.
Suit against Mavs owner is revived A federal appeals court has revived the Securities and Exchange Commission's insider-trading lawsuit against Dallas Mavericks owner Mark Cuban.
ver las páginas en versión mobile | web
ver las páginas en versión mobile | web
© Copyright 2012, vLex. All Rights Reserved.
Contents in vLex United States
Explore vLex
For Professionals
For Partners
Company
Other interesting searches:
OK Produce | home roam pools | cook islands government | Kate Evans | Furmanite Worldwide, Inc | responsables de la crisis | codification oeufs | Minimo salariale | autonomia infantil | procimidone
