crapitalism

Mark Cuban Slapped With SEC Insider-Trading Suit

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]

Mark Cuban Slapped With SEC Insider-Trading Suit