'Maverick' Is Called On Insider Trading

[Noah Evans]

Makes the opposition a bit easier now that he's under indictment doesn't it?

On Tue, Nov 18, 2008 at 2:48 PM,  <hartleyo at bellsouth.net> wrote:
> I heard somewhere on ESPN that there was no chance he could buy the Cubs as
> the owners almost unanimously are opposed to him.
>
> ----- Original Message -----
> From: "Noah Evans" <noah.evans at gmail.com>
> To: <ubiquitous_am_i at yahoo.com>; "The Boston Celtics Mailing List"
> <celtics at igtc.com>
> Sent: Tuesday, November 18, 2008 11:19 AM
> Subject: Re: 'Maverick' Is Called On Insider Trading
>
>
>> The conspiracy theorist in me thinks the timing of this has a lot more
>> to do with his attempt to purchase the cubs than any wrongdoing(not
>> that he's innocent by any means).
>>
>> On Mon, Nov 17, 2008 at 8:53 PM, Ryan W <ubiquitous_am_i at yahoo.com> wrote:
>>> If he's found guilty, he'll only face a fine and the loss of whatever
>>> earning plus interest he made on the alleged insider trading.
>>>
>>> Doesn't the SEC have bigger fish to fry anyway?  The whole economic
>>> system is in meltdown and they're filing complaints about a measly 750K
>>> from 2004?  Cuban must of pissed off the wrong venture capitalist.
>>>
>>> Ryan
>>>
>>>
>>> --- On Mon, 11/17/08, hartleyo at bellsouth.net <hartleyo at bellsouth.net>
>>> wrote:
>>>
>>>> From: hartleyo at bellsouth.net <hartleyo at bellsouth.net>
>>>> Subject: 'Maverick' Is Called On Insider Trading
>>>> To: "Celtics List" <Celtics at igtc.com>
>>>> Date: Monday, November 17, 2008, 7:40 PM
>>>> Good news, maybe they can find him a cell next to OJ
>>>> --------------------------------------------------------------------------------
>>>>
>>>>
>>>> SEC Charges Mark Cuban With Insider Trading
>>>>
>>>> The Securities and Exchange Commission filed
>>>> insider-trading charges against Mark Cuban, the outspoken
>>>> owner of the Dallas Mavericks basketball team, over his sale
>>>> of shares in Internet company Mamma.com after he learned it
>>>> was raising money through a private financing.
>>>>
>>>> The SEC alleges Mr. Cuban sold his entire 6% ownership
>>>> stake on June 28, 2004, immediately after learning that
>>>> Mamma.com was raising money through a private investment in
>>>> private entity, or PIPE. The next day, after the markets
>>>> closed, the company announced the PIPE financing. When the
>>>> markets opened the morning of June 30, shares of the company
>>>> dropped by 9%. By selling his stake, Mr. Cuban avoided more
>>>> than $750,000 in losses, the SEC alleges.
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>>>
>>>
>>>
>>>
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>>
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