Dallas Mavericks owner Mark Cuban is finally able to put a nine-year battle against an insider trading charge behind him. Cuban was found not guilty on Wednesday.
The three-week trial was based around the SEC accusing Cuban of illegally selling shares in 2004 of the Canadian company Mamma.com.
Federal attorneys argued Cuban dropped the stocks based on inside information he received from the company’s CEO, and avoided $750,000 in losses on a $7.9 million sale.
Following the verdict, Cuban let loose on the SEC, saying that he understood being “squeaky clean” makes him a target. And that he was glad that he had the funds to fight the battle and stand up to what he believes are unfair and unclear practices.
Hulu's *Reasonable Doubt* highly anticipated second season delivers a complex mix of courtroom drama, personal…
The *Frasier* reboot on Peacock returns for its second season, bringing back the beloved character…
The lifestyles of music and media moguls, from rock stars of the 1970s to hip-hop…
Zoë Kravitz on Directing 'Blink Twice': Crafting Tension in Paradise Zoë Kravitz has stepped behind…
Sean "Diddy" Combs has found himself at the center of a storm, with new allegations…
The mystery behind Mavis Beacon, the face of the beloved 1980s typing software, has intrigued…
This website uses cookies.