Dallas Mavericks' Owner Heads to Court for Illegal Insider Trading

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Dallas Mavericks' Owner Heads to Court for Illegal Insider Trading
USA TODAY Sports

Last week a federal judge denied the request made by Dallas Mavericks owner Mark Cuban to dismiss his five-year-old insider trading case. Judge Sidney A. Fitzwater, a Federal District Court judge in Dallas, decided that the SEC's civil action suit against Cuban will proceed to trial. The SEC filed a civil lawsuit against Cuban in 2008 accusing him of trading his shares based on illegal insider information.

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