Dallas Mavericks owner Mark Cuban Charged with insider trading in mamma.com
NBA basketball team owner of Dallas Mavericks - Mark Cuban - is being charged by the securities and exchange commission for allegations towards insider trading. The insider trading charge is related to the sale of shares in mamma.com.
mamma.com is a search engine (Canadian), and it was merged with Copernic Technologies.
Mark Cuban took a major stake in NBA Dallas Mavericks basketball team in the year 2000.
The performance of Dallas Mavericks basketball team was great after Mark Cuban became the owner and they did enter the NBA finals in 2006 before losing to Miami heats.