Monday, June 22, 2009
Zac Bissonnette, BloggingStocks
Zac Bissonnette, BloggingStocks
Score another point for Mark Cuban in SEC battle
The SEC's insider trading case against Mark Cuban is proving to be quite different from the usual open and shut matters we've come to expect from the commission.
As Jonathan Berrreported yesterday on DailyFinance, some major legal experts have defended Mark Cuban's insistence that he didn't qualify as an insider when engaged in the trades in question.
Worse news for the SEC: Cuban has taken the unusual step of suing the SEC for denying him proper access to documents that detail the SEC's allegations and evidence against him.
Posted by Editor on 06/22/09 at 06:02 PM •
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