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Mark Cuban Slapped With SEC Insider-Trading Suit

  • 11/17/08 at 1:50 PM

The owner of the Dallas Mavericks (and HDNet! and other things!) was charged by the Security and Exchange Commission with dumping shares of a Website in 2004 when he had a tip that it was doing private fund-raising. By jumping ship, he saved himself about $750,000, and earned another thing to mouth off about. [WSJ]

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