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 SEC to give him documents he requested in December, including records of any investigations of Copernic Inc., formerly known as Mamma.com, HDNet, his National Basketball Association team and other entities he owns or controls. It also seeks records of any internal probes of SEC Trial Counsel Jeffrey Norris related to his interactions with Cuban.
Cuban claims in the complaint that “the SEC improperly refused to produce any records,” despite his request under the Freedom of Information Act.