Page 1 of 1
Mark Cuban sued
Posted: Mon Nov 17, 2008 11:35 am
by TheCalvinator24
by the Securities and Exchange Commission.
Details
here.
And
here, you can read the actual Complaint. (pdf file)
Re: Mark Cuban sued
Posted: Mon Nov 17, 2008 3:56 pm
by JBillyGirl
Sounds like fodder for a new reality show -- called "The Malefactor."
Re: Mark Cuban sued
Posted: Mon Nov 17, 2008 4:28 pm
by ne1410s
I hope he can still afford to buy the Cubs.
Re: Mark Cuban sued
Posted: Mon Nov 17, 2008 4:59 pm
by Estonut
ne1410s wrote:I hope he can still afford to buy the Cubs.
Is it true that he plans to rename them the "Chicago
Cubans?" Cubs fans wouldn't have a problem with that, would they?
Re: Mark Cuban sued
Posted: Mon Nov 17, 2008 6:24 pm
by ne1410s
estonut:
Is it true that he plans to rename them the "Chicago Cubans?" Cubs fans wouldn't have a problem with that, would they?
Howsabout moving to the Philippines and becoming the Manila Folders?
Re: Mark Cuban sued
Posted: Tue Nov 18, 2008 6:21 am
by NellyLunatic1980
ne1410s wrote:estonut:
Is it true that he plans to rename them the "Chicago Cubans?" Cubs fans wouldn't have a problem with that, would they?
Howsabout moving to the Philippines and becoming the Manila Folders?
I was thinking he was gonna buy Miami's NBA team and rename them the Miami Cheat.
Re: Mark Cuban sued
Posted: Tue Nov 18, 2008 7:15 am
by peacock2121
Why is it a civil case and not criminal?
Why are we now hearing about it when it happened in 2004?
Re: Mark Cuban sued
Posted: Tue Nov 18, 2008 7:18 am
by Rexer25
peacock2121 wrote:Why is it a civil case and not criminal?
Why are we now hearing about it when it happened in 2004?
The local news said last night that Cuban's attorneys and the SEC have been in negotiation for several years now. Filing the civil suit seems to be a "negotiation ploy".
Re: Mark Cuban sued
Posted: Tue Nov 18, 2008 7:20 am
by peacock2121
Rexer25 wrote:peacock2121 wrote:Why is it a civil case and not criminal?
Why are we now hearing about it when it happened in 2004?
The local news said last night that Cuban's attorneys and the SEC have been in negotiation for several years now. Filing the civil suit seems to be a "negotiation ploy".
Cracks me up - negotiating. He either committed a crime or he didn't.
Re: Mark Cuban sued
Posted: Tue Nov 18, 2008 7:57 am
by NellyLunatic1980
peacock2121 wrote:Rexer25 wrote:peacock2121 wrote:Why is it a civil case and not criminal?
Why are we now hearing about it when it happened in 2004?
The local news said last night that Cuban's attorneys and the SEC have been in negotiation for several years now. Filing the civil suit seems to be a "negotiation ploy".
Cracks me up - negotiating. He either committed a crime or he didn't.
Insider trading is definitely a crime. Just ask Martha Stewart.
Re: Mark Cuban sued
Posted: Tue Nov 18, 2008 8:05 am
by TheCalvinator24
NellyLunatic1980 wrote:peacock2121 wrote:Rexer25 wrote:
The local news said last night that Cuban's attorneys and the SEC have been in negotiation for several years now. Filing the civil suit seems to be a "negotiation ploy".
Cracks me up - negotiating. He either committed a crime or he didn't.
Insider trading is definitely a crime. Just ask Martha Stewart.
Martha Stewart wasn't convicted for Insider Trading. She was convicted for lying to the FBI.
Re: Mark Cuban sued
Posted: Tue Nov 18, 2008 8:31 am
by NellyLunatic1980
TheCalvinator24 wrote:NellyLunatic1980 wrote:peacock2121 wrote:
Cracks me up - negotiating. He either committed a crime or he didn't.
Insider trading is definitely a crime. Just ask Martha Stewart.
Martha Stewart wasn't convicted for Insider Trading. She was convicted for lying to the FBI.
I know... but I still believe that she's guilty of insider trading.