The government's insider trading case against Mark Cuban

The pugilistic Dallas Mavericks owner finally gets his day in court

Mark Cuban
(Image credit: (AP Photo/LM Otero))

Mark Cuban, the brash Dallas Mavericks owner, has been fined for going on court during an NBA game. But now, Cuban will be fighting a fine in court as he tries to resolve a federal insider trading investigation nearly a decade in the making.

The case finally went to trial this week after five years of legal wrangling, with jury selection getting underway Monday. The U.S. Securities and Exchange Commission charged Cuban in 2008 with using confidential information to dump his stake in a little-known internet search company, Mamma.com, thereby avoiding a huge loss.

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Jon Terbush

Jon Terbush is an associate editor at TheWeek.com covering politics, sports, and other things he finds interesting. He has previously written for Talking Points Memo, Raw Story, and Business Insider.