November 17th, 2008 | by NIGEL JAQUISS News | Posted In: Sports

SEC Charges Dallas Mavericks Owner Mark Cuban

Mark Cuban

Bad news for a rival of the Portland Trail Blazers: The federal Securities and Exchange Commission this morning announced that it is charging Mark Cuban, the Dallas Mavericks' flamboyant owner, with trading on non-public material information.

That charge is a more serious problem for Cuban than a story yesterday in the New York Times about why Cuban is unlikely to achieve his dream of buying the Chicago Cubs.
 
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