The SEC’s hard fought insider trading suit against Dallas Mavericks owner Mark Cuban rages on.
Earlier this month the SEC told Cuban to keep money that he had offered up to expedite a review of documents that could resolve the case. Now, the billionaire’s attorneys say the SEC’s stated reasons for not accepting the offer are wrong. The National Law Journal’s Blog of Legal Times reported Wednesday that Cuban’s lawyers have filed a brief, responding to the SEC on the matter.
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