Why is the US Gov't after Mark Cuban... Found innocent

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  • Sam Odom
    SBR Aristocracy
    • 10-30-05
    • 58063

    #1
    Why is the US Gov't after Mark Cuban... Found innocent
    DALLAS (AP) -- Mark Cuban won a years-long fight with the federal government Wednesday as jurors decided that the billionaire basketball team owner did not commit insider-trading when he sold his stake in an Internet company in 2004.

    The jury in federal district court in Dallas said that the Securities and Exchange Commission failed to prove the key elements of its case, including the claim that Cuban agreed to keep certain information confidential and not trade on it.

    The nine-member jury deliberated only a few hours before reaching the verdict that ended a three-week trial and an SEC lawsuit filed in 2008.
  • manny24
    SBR Posting Legend
    • 10-22-07
    • 20046

    #2
    it's HIS money!
    Comment
    • Sam Odom
      SBR Aristocracy
      • 10-30-05
      • 58063

      #3
      Originally posted by manny24

      it's HIS money!

      more to it than that

      is Mark anti Obama ?
      Comment
      • manny24
        SBR Posting Legend
        • 10-22-07
        • 20046

        #4
        how the fukk can you prove anything unless they had him on tape?????????

        any case based on hearsay would have zero chance

        guy probably has a retarded team of lawyers blow anything right out of the courtroom
        Comment
        • DoYouNotGetIT
          SBR Wise Guy
          • 09-25-13
          • 529

          #5
          Yeah!!! Why would a guy who created a ponzi scheme in college ever commit insider trading? Most billionaires commit insider trading it is just really really hard to prove in court, because rich people know all the ways to avoid prosecution.

          Mark Cuban probably did it, but the SEC couldn't prove it. They couldn't even convict Martha Stewart of insider trading, they got her on lying to federal investigators.
          Comment
          • DoYouNotGetIT
            SBR Wise Guy
            • 09-25-13
            • 529

            #6
            Originally posted by manny24
            how the fukk can you prove anything unless they had him on tape?????????

            any case based on hearsay would have zero chance

            guy probably has a retarded team of lawyers blow anything right out of the courtroom
            SEC make his life hell when it comes to business. Anything that comes to the government and his businesses will become very difficult.
            Comment
            • Sam Odom
              SBR Aristocracy
              • 10-30-05
              • 58063

              #7
              Originally posted by DoYouNotGetIT

              Mark Cuban probably did it, but the SEC couldn't prove it.
              Originally posted by DoYouNotGetIT

              SEC make his life hell when it comes to business. Anything that comes to the government and his businesses will become very difficult.

              You hate 1%ers ?
              Comment
              • DoYouNotGetIT
                SBR Wise Guy
                • 09-25-13
                • 529

                #8
                Originally posted by Sam Odom
                You hate 1%ers ?
                No, I just know a guy who commits a ponzi scheme doesn't have ethics when it comes to business and would believe someone else's word over his.
                Comment
                • Sam Odom
                  SBR Aristocracy
                  • 10-30-05
                  • 58063

                  #9
                  Innocent until proven otherwise

                  Just like OJ
                  Comment
                  • The Kraken
                    BARRELED IN @ SBR!
                    • 12-25-11
                    • 28918

                    #10
                    Our tax dollars put to good use
                    Comment
                    • Sam Odom
                      SBR Aristocracy
                      • 10-30-05
                      • 58063

                      #11
                      Originally posted by The Kraken

                      Our tax dollars put to good use

                      Really... hounding a guy for years in which a jury in ONLY hours found Innocent
                      Comment
                      • Sam Odom
                        SBR Aristocracy
                        • 10-30-05
                        • 58063

                        #12
                        Mark Cuban tells Nightline that Obama ‘has done a lot of things wrong’



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