I try not to comment on what you can read, well everywhere all over the internet, whether it's sports blogs, gossip blogs or financial news in general. The SEC got Martha Stewart, and they got Cuban.
If he is smart, he will fess up and pay a fine. If he lies, well, see where Martha spent a few months.
It doesn't seem fair, though. You are told that your investment isn't going to profit like you hoped, because it is going private instead of public, and you can't sell.
Read the details here.
eta: It's a civil filing, not criminal like DOJ. He will fight this and than eventually pay his way out. I just discovered his blog, read his statement here.
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