The Securities and Exchange Commission has charged Dallas Mavericks owner Mark Cuban with insider trading charges stemming from his sale of 600,000 shares of the search engine Mamma.com.

The SEC complaint, filed in a U.S. District Court in Dallas, alleges that in June 2004, Mamma.com Inc., now known as Copernic, invited Cuban to participate in a stock offering after he agreed to keep the information confidential.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access