Search This Blog


This is a photo of the National Register of Historic Places listing with reference number 7000063

Thursday, October 24, 2013

MARK CUBAN FOUND NOT LIABLE FOR INSIDER TRADING

FROM:  U.S. SECURITIES AND EXCHANGE COMMISSION
Jury Finds Mark Cuban Not Liable for Insider Trading

On October 16, 2013, after a three-week trial, a nine-person federal jury found Mark Cuban not liable for insider trading. On November 17, 2008, the Commission filed a Complaint against Cuban alleging that he engaged in insider trading in securities issued by Mamma.com in violation of Section 17(a) of the Securities Act of 1933 and Section 10(b) of the Securities Exchange Act of 1934 and Rule 10b-5 thereunder.

No comments:

Post a Comment