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Mouthy Mark Cuban Charged With Insider Trading [Crime]
Posted on November 17, 2008
Tech billionaire, anger-driven blogger, and owner of the Dallas Mavericks Mark Cuban has just been charged with insider trading by the SEC. The (civil, not criminal) charges center on an incident in 2004 in which Cuban allegedly got early insider information about a company he had an ownership stake in, and used that info to avoid a loss of $750,000. We have no idea whether the charges are true, but if they are, it's a foolish business move by a guy who's already been fined more than twice that much by the NBA just for running his mouth. Though it is possible to formulate a wild conspiracy the...
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