Appealing Cuban: Aggressive Insider Trading Enforcement

Appealing Cuban: Aggressive Insider Trading Enforcement

The SEC appealed from the decision dismissing its insider trading case against Mark Cuban. SEC v. Cuban, No. 08-2050 (N.D. Tex. July 17, 2009). Previously, the Commission rejected an opportunity to amend its complaint. The decision to appeal Cuban is emblematic of the aggressive posture the SEC has consistently taken in insider trading cases.