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Join the Securities Litigation and Enforcement Group on LinkedInMark Cuban: The SEC is ‘useless’
“Had the SEC really wanted to make the markets safer, they would publish bright line guidelines,” Cuban said in the new interview. “For instance, there’s no specific law on insider trading. There are only legal precedents that have been set as a result of various cases that the SEC has brought … If you’re just […]
Five Top Professors File Amicus Brief in Support of Mark Cuban in Insider Trading Case
Five prominent professors from Yale, Harvard, UCLA, Chicago and SMU have filed an amicus brief on Mark Cuban’s behalf in his insider trading case. In the amicus brief, filed Monday according to the WSJ Law Blog, the professors — Alan Bromberg, Allen Ferrell, Jonathan Macey, Todd Henderson and Stephen Bainbridge — argue that “In the […]
Details and Copy of Mark Cuban’s Motion to Dismiss SEC Insider Trading Case
As previously discussed here, Mark Cuban filed a motion to dismiss the SEC’s insider trading case against him yesterday in the U.S. District Court for the Northern District of Texas. A copy of Cuban’s Memorandum of Law in Support of Motion to Dismiss and additional details of his argument are available here.