Mark Cuban sued

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TheCalvinator24
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Mark Cuban sued

#1 Post by TheCalvinator24 » Mon Nov 17, 2008 11:35 am

by the Securities and Exchange Commission.

Details here.

And here, you can read the actual Complaint. (pdf file)
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JBillyGirl
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Re: Mark Cuban sued

#2 Post by JBillyGirl » Mon Nov 17, 2008 3:56 pm

Sounds like fodder for a new reality show -- called "The Malefactor."
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ne1410s
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Re: Mark Cuban sued

#3 Post by ne1410s » Mon Nov 17, 2008 4:28 pm

I hope he can still afford to buy the Cubs.
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Estonut
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Re: Mark Cuban sued

#4 Post by Estonut » Mon Nov 17, 2008 4:59 pm

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?
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ne1410s
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Re: Mark Cuban sued

#5 Post by ne1410s » Mon Nov 17, 2008 6:24 pm

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? :roll:
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Re: Mark Cuban sued

#6 Post by NellyLunatic1980 » Tue Nov 18, 2008 6:21 am

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? :roll:
I was thinking he was gonna buy Miami's NBA team and rename them the Miami Cheat.
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peacock2121
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Re: Mark Cuban sued

#7 Post by peacock2121 » Tue Nov 18, 2008 7:15 am

Why is it a civil case and not criminal?

Why are we now hearing about it when it happened in 2004?
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Rexer25
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Re: Mark Cuban sued

#8 Post by Rexer25 » Tue Nov 18, 2008 7:18 am

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".
Enough already. It's my fault! Get over it!

That'll be $10, please.
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peacock2121
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Re: Mark Cuban sued

#9 Post by peacock2121 » Tue Nov 18, 2008 7:20 am

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.
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NellyLunatic1980
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Re: Mark Cuban sued

#10 Post by NellyLunatic1980 » Tue Nov 18, 2008 7:57 am

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.
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TheCalvinator24
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Re: Mark Cuban sued

#11 Post by TheCalvinator24 » Tue Nov 18, 2008 8:05 am

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.
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NellyLunatic1980
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Re: Mark Cuban sued

#12 Post by NellyLunatic1980 » Tue Nov 18, 2008 8:31 am

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.
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