The Securities and Exchange Commission has charged Dallas Mavericks owner and internet entrepreneur Mark Cuban with insider trading.
The complaint claims that in 2004 Cuban learned of a private offering of Mamma.com (now known asCopernic) that would decrease the value of his 600,000 shares.
"As we allege in the complaint, Mamma.com entrusted Mr. Cuban with nonpublic information after he promised to keep the information confidential.
"It is fundamentally unfair for someone to use access to nonpublic information to improperly gain an edge on the market."
Cuban has responded to the complaint and posted a brief statement on his blog Monday afternoon denying the allegations and vowing to fight t…
38 минут назад @ wired.com
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