Jan. 27 Webcast Archive/Materials
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Court rules “unclean hands” defense available “only in strictly limited circumstances.”
Cuban says SEC tampered with a witness, made fun of him.
SEC will appeal dismissal to Fifth Circuit.
Cuban seeks fees arguing SEC’s case was “wholly unsupported” from the start.
As previously discussed here, U.S. District Judge Sidney A. Fitzwater dismissed the SEC’s insider trading case against Dallas Mavericks owner Mark Cuban this morning. A copy of the Court’s Order is available here. In his ruling, Judge Fitzwater found that the SEC failed to adequately allege that Cuban agreed with Mamma.com (a) not to disclose [...]
A copy of U.S. District Judge Sidney A. Fitzwater Memorandum and Order dismissing the SEC’s insider trading case against Dallas Mavericks owner Mark Cuban is available here. Order Dismissing SEC v. Cuban
This morning, U.S. District Judge Sidney A. Fitzwater dismissed the SEC’s insider trading case against Dallas Mavericks owner Mark Cuban. The AP reports that the court gave the SEC 30 days to file an amended complaint.
In the SEC Inspector General’s Semiannual Report to Congress released yesterday, the OIG states that it has opened an investigation into a complaint received from counsel for a defendant in an SEC Enforcement action, alleging numerous instances of misconduct by several Enforcement staff members during the course of the investigation that resulted in the filing [...]
A copy of Mark Cuban’s Complaint for Declaratory and Injunctive Relief filed yesterday against the SEC and seeking the production of numerous documents under FOIA is available here. As an aside, the case has been assigned to Judge Reggie B. Walton, who, as I have noted before, you really don’t want to mess with! Read [...]
In the latest development in Mark Cuban’s ongoing battle with the SEC, Cuban has reportedly filed his own lawsuit against the agency alleging that it is unlawfully withholding documents about its insider trading probe of him. Bloomberg reports that Cuban’s complaint filed today in federal court in D.C. seeks a court order to force the [...]