Advertisement

 DALLAS (AP) - Mark Cuban is telling jurors in federal court about calls and emails he sent to the CEO of an Internet company shortly before he sold all his shares in the company.
The billionaire owner of the Dallas Mavericks began testifying Thursday in the government's insider-trading lawsuit. The Securities and Exchange Commission accuses him of using confidential inside information to dump his shares before the company announced news that sent the stock down.
Cuban is jousting at times with the SEC lawyer questioning him, but he's also been smiling and making a few jokes.
The case is a civil lawsuit. The SEC wants Cuban to pay a fine and give up $750,000 in losses he avoided by selling the stock, but he's not charged with a crime. Cuban denies wrongdoing.

Top NBA Public Bets

NBA Top Stories

Thumbnail Tim Duncan retires The San Antonio Spurs lost their franchise player on Monday, as Tim Duncan elected to retire after an amazing 19-year...
Thumbnail Rockets give Harden an extension The Houston Rockets locked up their star player for years to come, announcing an extension with James Harden on...
Thumbnail OKC's title odds plummet without Durant Following the announcement that Kevin Durant will be signing with the Golden State Warriors, the Oklahoma City Thunder's NBA title...
Thumbnail Durant heading to Golden State The shoe finally dropped in the Kevin Durant sweepstakes, as he has elected to sign with the Golden State Warriors for next...
Thumbnail Warriors now 2/3 to win title with Durant The Golden State Warriors were already favored to win the 2017 NBA Finals championship, but their odds improved even more after...
More inNBA Articles  
Advertisement

NBA Team Pages