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By Securities Docket on October 16, 2013, 4:19 pm
But in maintaining that their client did nothing wrong, Cuban’s defense team said that he never agreed to confidentiality or to avoid selling his stock upon learning of the placement from Mamma.com chief Guy Faure, who claims that Cuban did make such an assurance. The jury agreed, determining by Wednesday afternoon that Cuban did not […]
By Securities Docket on October 15, 2013, 8:06 am
Mark Cuban says he’s never met Barry Switzer. But the Dallas Mavericks owner hopes his current battle with the Securities and Exchange Commission ends similarly to the one the former Oklahoma Sooners (and later Dallas Cowboys) coach had three decades ago…. “The similarities between the two cases — factually and legally — are striking,” said […]
By Securities Docket on October 15, 2013, 8:05 am
The government’s insider-trading case against billionaire and Dallas Mavericks owner Mark Cuban is heading toward the final buzzer. After six days of testimony, closing arguments are expected Tuesday afternoon in federal court in Dallas…. The verdict could come down to whether jurors believe Cuban or the company’s CEO, a Canadian citizen who declined to come […]
By Securities Docket on September 30, 2013, 7:52 am
The Securities and Exchange Commission’s insider trading trial against Mr. Cuban opens in a federal courtroom in Dallas on Monday, the culmination of a five-year battle. Mr. Cuban, a 55-year-old reality TV regular best known for his courtside antics at games of the Dallas Mavericks, the basketball team he owns, is one of the few […]
By Securities Docket on February 10, 2012, 12:43 pm
Deposition in SEC case against Cuban related to his sale of stake in Mamma.com.
By Securities Docket on July 18, 2011, 9:07 pm
Court rules “unclean hands” defense available “only in strictly limited circumstances.”
By Amanda Harding on April 1, 2010, 12:47 am
Cuban says SEC tampered with a witness, made fun of him.
By Securities Docket on October 7, 2009, 1:20 pm
SEC will appeal dismissal to Fifth Circuit.
By Securities Docket on August 31, 2009, 4:11 pm
Cuban seeks fees arguing SEC’s case was “wholly unsupported” from the start.
By Securities Docket on July 17, 2009, 12:19 pm
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 […]