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Browse: Home / 2008 / November / 17 / Fox Business Video: Cuban’s Attorneys States He Was Not an Insider, “No Meat to Lawsuit”

Fox Business Video: Cuban’s Attorneys States He Was Not an Insider, “No Meat to Lawsuit”

By Securities Docket on November 17, 2008, 11:32 pm

Fox Business has an interesting interview with Christopher Clark, an attorney for Mark Cuban, the video of which is available below.  Among other things, Mr. Clark states that:

  • Cuban did not commit insider trading because he was “not an insider;”
  • there is “no meat” to the SEC’s lawsuit against Cuban;
  • the substance of a key telephone call involving Cuban is misstated in the SEC’s complaint and “if there is a tape of them everybody can play it and it’s not going to say anything like what the SEC quoted;” and
  • “People who criticize the SEC have a much higher chance of having an enforcement action brought against them and we’re going to demonstrate that.”

The video of the interview is below.

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Posted in SEC | Tagged Insider Trading, Mark Cuban, Videos

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