Archive for Mark Cuban

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Mark Cuban Weighs in on the SEC IG’s Semiannual Report to Congress

November 30, 2008

Mark Cuban has apparently devoted some time, like us, to reading the SEC IG’s Semiannual Report to Congress over this holiday weekend. And he has some thoughts about it that he is very happy to share with you on his “blog maverick” blog.

Cuban’s Attorney Claims SEC Staff Misconduct Goes Beyond Norris Emails

November 21, 2008

Buried right in the middle of a Corporate Crime Reporter article that is primarily about a former Enron prosecutor’s views on the Mark Cuban case is a bit of news from Stephen Best, one of Cuban’s lawyers, that we have not seen anywhere else: that Cuban alleges SEC staff misconduct beyond the bizarre emails to [...]

“My Blog, Because the Press Never Gets it Right”

November 20, 2008

Following up on this post from yesterday about “blog maverick,” the Mark Cuban blog that thus far has served as a vehicle for getting his side of the story out, the video by Cuban below helps answers the question why he may be using the blog in that way: “My blog: Because the press never [...]

Cuban’s Defense May Also Contest Whether He Believed Information Remained Confidential

November 20, 2008

Mark Cuban’s lawyer revealed what appears to be a second part of Cuban’s defense in an interview yesterday with the Dallas Morning News.  Cuban has already made it clear in a post on his blog that he will dispute whether he agreed to keep any information about Mamma.com confidential.
In the Dallas Morning News article, his [...]

The Onion’s “American Voices” on the Mark Cuban Case

November 19, 2008 The Onion's

Includes thoughtful comments from (fake) Americans such as: “First Martha Stewart, now Mark Cuban. It’s like the SEC knows exactly who I hate.”
Read The Onion’s “American Voices: Mark Cuban Sued For Insider Trading”

“Blog Maverick”: The Blog at the Center of the SEC v. Cuban Action

November 19, 2008

After two consecutive days of inflammatory blog posts attacking the SEC’s case against Mark Cuban that appeared on Mark Cuban’s “blog maverick” website, the SEC’s deputy director was quoted yesterday in the WSJ Law Blog as saying “We’re not going to comment on anything Mr. Cuban or his lawyers have to say on Mr. Cuban’s [...]

SEC Shouldn’t “Let it Be”

November 18, 2008 SEC Shouldn't

In times of economic troubles,
Cuban’s lawyers come to the SEC,
Speaking words of wisdom,
Let it be.
The Beatles Securities Docket
At least twice now I’ve seen what I consider to be an odd comment made about the SEC’s decision to sue Mark Cuban for insider trading: essentially, that in the current economic crisis, the SEC has so many [...]

“Mark Cuban Buys SEC After Being Charged With Insider Trading”

November 18, 2008

From Dateline: Hollywood: “Mark Cuban Buys SEC After Being Charged With Insider Trading”
Satire, of course, but funny, particularly the last few lines:
Since acquiring the agency, Mark Cuban has dropped all charges against Mark Cuban.
“I am glad the SEC came to their senses and dismissed all these charges,” said Cuban in a statement.
“If I had know that this was possible, [...]

SEC v. Cuban: Can Someone Thrust a Duty of Confidentiality Upon You?

November 18, 2008

OK, we officially love the SEC v. Cuban case.
The latest twist comes from a new post on Cuban’s “blog maverick” blog where he posted a statement this afternoon that his attorneys have interviewed the key witness for the SEC, and that this witness (the former CEO of Mamma.com) has no memory of Cuban responding to [...]

SEC v. Cuban: The “Staff Misconduct” Card

November 18, 2008

We are keeping an eye on SEC v. Cuban like the rest of the financial/sports/entertainment/billionaire-following world, but are keeping a particular eye on Cuban’s assertion in his press release that the SEC’s claims are “infected by the misconduct of the staff of its Enforcement Division.”
As was pointed out to us today by one reader, this [...]