Filed under: Law, Scandals

When the SEC sued Mark Cuban for insider trading in shares of Mamma.com, the case was unique from the beginning. First of all, Cuban didn’t settle instantly and paid a small fine without admitting or denying guilt — something that seems to be a rarity these days. He even blogged about the charges.

Now, the feisty Mavericks owner has taken the unusual step of suing the SEC for denying him proper access to documents that detail the SEC’s allegations and evidence against him.

The lawsuit, filed in U.S. District Court in Washington, accuses the commission of improperly rejecting requests to access some evidence, being too slow to respond to some requests, and not trying hard enough to find all the documentation Cuban’s attorneys requested.

Continue reading Mark Cuban sues SEC over insider trading probe

Mark Cuban sues SEC over insider trading probe originally appeared on BloggingStocks on Fri, 29 May 2009 10:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

Via [bloggingstocks]

Share This

This entry was posted on Friday, May 29th, 2009 at 4:55 pm and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.