SEC v. Cuban: Is it Personal?
Posted By Cliff Tuttle | November 20, 2008
Posted by Cliff Tuttle
The Wall Street Journal Law Blog contains a post which suggests that an employee of the Securities and Exchange Commission held a grudge against Dallas Mavericks’ owner Mark Cuban. Based on an extended email exchange between the two, questions have been raised by Cuban that this person may have been behind the SEC insider trading suit. Cuban claims total innocence of the alleged insider trading. The SEC claims that this employee, who is currently under investigation,had nothing to do with the development and prosecution of the case. Here is the WSJ Law Blog post.
CLT
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