Mark Cuban Charged With Insider Trading

geekboy_x writes "The SEC today charged Mark Cuban with insider trading violations, alleging that he divested himself of stock in mamma.com before the stock was diluted via a public offering." Something tells me that the billionaire blogger won't be talking about this one publicly any time soon.

Comments

Re:why should we care?

[Doc Ruby]

Because Cuban is a billionaire Net entrepreneur. Including harnessing P2P for infrastructure, while publicly championing the technique's place on the Internet despite network operator and copyright holder intererence. He's also spoken influentially for realistic revisions to copyright, contrary to some of his obvious interests as a major copyright holder, as an informed Internet business guru.

He just got hit with an SEC suit by the outgoing Bush on 4 year old charges, right after he launched a website investigating and organizing against Bush's Wall Street bailout.

Those topics are all often popular on Slashdot.