Kara Scannell of The Wall Street Journal is reporting that the Securities and Exchange Commission has filed charges on insider trading against Mark Cuban, owner of the Dallas Mavericks and founder of HDNet, which is home to Dan Rather.

According to Ms. Scannell's report:

The SEC alleges in a civil action that Mr. Cuban sold his entire 6% ownership stake on June 28, 2004, after learning that Mamma.com was raising money through a private investment in a public entity, or PIPE. The next day, on June 29, the company announced the PIPE financing and shares of the company dropped by more than 10%.  read more »

]]> http://www.observer.com/2008/media/report-s-e-c-charging-mark-cuban-insider-trading#comments Media Dallas Mavericks HDNet LLC Mark Cuban The Wall Street Journal U.S. Securities and Exchange Commission Mon, 17 Nov 2008 12:21:15 -0500 Matt Haber 78957 at http://www.observer.com http://www.observer.com/node/39592 “Don’t gamble: take all your savings and buy some good stock and hold it till it goes up  read more »]]> http://www.observer.com/node/39592#comments Politics Fortress Investment Group LLC U.S. Securities and Exchange Commission Wall Street Will Rogers Sun, 15 Oct 2006 20:00:00 -0400 Nicholas von Hoffman 39592 at http://www.observer.com http://www.observer.com/node/52814 “Don’t gamble: take all your savings and buy some good stock and hold it till it goes up, then s  read more »]]> http://www.observer.com/node/52814#comments Politics U.S. Securities and Exchange Commission Wall Street Will Rogers Yogi Berra Sun, 15 Oct 2006 20:00:00 -0400 Nicholas von Hoffman 52814 at http://www.observer.com http://www.observer.com/node/37865 The news that Manhattan real-estate prices took a plunge last quarter may not be the loud crack in t  read more »]]> http://www.observer.com/node/37865#comments Alan Greenspan Colorado U.S. Federal Reserve U.S. Securities and Exchange Commission Sun, 06 Nov 2005 19:00:00 -0500 Nicholas von Hoffman 37865 at http://www.observer.com http://www.observer.com/node/46330 "It would be unthinkable to deprive people of my expertise."-Harvey Pitt, chairman of the Securities  read more »]]> http://www.observer.com/node/46330#comments Board of Audit Harvey Pitt Larry Thompson U.S. Securities and Exchange Commission Sun, 11 Aug 2002 20:00:00 -0400 Nicholas von Hoffman 46330 at http://www.observer.com http://www.observer.com/node/45831 Over the past 15 years, Robert Guccione's once-lucrative pornempire has fizzled and is no longer the  read more »]]> http://www.observer.com/node/45831#comments General Media International Inc. Robert Guccione U.S. Securities and Exchange Commission Sun, 07 Apr 2002 20:00:00 -0400 Observer Staff 45831 at http://www.observer.com http://www.observer.com/node/45835 Over the past 15 years, Robert Guccione's once-lucrative pornempire has fizzled and is no longer the  read more »]]> http://www.observer.com/node/45835#comments Real Estate General Media International Inc. Robert Guccione U.S. Securities and Exchange Commission Sun, 07 Apr 2002 20:00:00 -0400 Observer Staff 45835 at http://www.observer.com