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Mark Cuban Says SEC Tampered With Witness

By Mark H. Astarita, Esq.

 We followed the Mark Cuban SEC case with great interest. My thoughts at the time were that it was a lousy case, and the SEC was making a mistake in bringing it. (See my prior Mark Cuban SEC posts.) Many other securities attorneys and commentators expressed the same opinion. Ultimately a federal court judge agreed, dismissing the case finding that the SEC could not win under any circumstances. The SEC appealed, and that appeal is still pending.During the case, Cuban struck back and filed a suit against the Commission alleging that they violated the Freedom of Information Act. My post about that suit is here. That case is also still pending.Now he is hitting harder. He is seeking sanctions against the SEC for bad faith in bringing the original charges...continue to full post

Full post as published by SECLaw.com on April 05, 2010 (boomark / email).