HDNet's Mark Cuban charged by SEC with insider trading
The Securities And Exchange Commission (SEC) has charged HDNet founder Mark Cuban with insider trading.The SEC alleges that the flamboyant billionaire and owner of the Dallas Mavericks basketball team sold 60,000 shares of internet search engine Mamma.com after he received confidential information about an imminent stock offering.According to the official complaint Montreal-based Mamma.com approached Cuban in June 2004 to take part in a private placement stock offering ...
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