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Billionaire Mark Cuban lost his bid for a court order ending a U.S. Securities and Exchange Commission lawsuit that accuses him of insider trading.
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Mark Cuban, the billionaire owner of the Dallas Mavericks basketball team, appeared at the U.S. Securities and Exchange Commission today to face questions related to the agency’s insider-trading lawsuit against him.
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Mark Cuban, the billionaire owner of the Dallas Mavericks, must face insider-trading allegations that were dismissed last year by a lower-court judge, an appeals court ruled.
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Whitman Capital LLC’s president was charged with taking part in two separate insider-trading conspiracies, using illegal tips on Google Inc., Polycom Inc. and Marvell Technology Group Ltd. to make more than $900,000 for the hedge fund.
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Mark Cuban , the billionaire owner of the Dallas Mavericks who’s accused by the U.S. Securities and Exchange Commission of insider trading, offered to pay lawyers to help the agency speed its review of documents in his case.
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Porsche SE was sued by Viking Global Investors over claims the automaker’s attempted takeover of Volkswagen AG was an illegal stock fraud scheme that cost the hedge fund at least $390 million.
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The U.S. Securities and Exchange Commission is moving to remake the regulations covering public officials and Wall Street underwriters that sell municipal bonds to investors.
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Mark Cuban , the billionaire owner of the Dallas Mavericks, must face insider-trading allegations by the U.S. Securities and Exchange Commission that were thrown out last year by a lower-court judge, an appeals court ruled.
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