Mark Cuban, the owner of the Dallas Mavericks, is being charged with insider trading. The Securities and Exchange Commission (SEC) filed a civil suit on Monday claiming that in 2004, Cuban sold off his shares in a company right before the prices fell. By selling before the share prices dropped, Cuban saved himself $750,000, but that type of activity is illegal. Just ask Martha Stewart – she was fined $30,000 and did five months at Alderson Federal Prison Camp for it! (This photo by James Duncan Davidson/O’Reilly Media, Inc. is licensed under Creative Commons Attribution 2.0 License) The SEC suit … Continue reading →