How Mark Cuban Scored a Home Court Win against the SEC
Cadwalader attorneys Brad Bondi, Martin L. Seidel, Nathan Bull, Karen Woody and Brett Sisto authored an article in Law360 regarding Mark Cuban's win against the SEC in an insider trading case. On October 17, a Dallas federal court ruled that Mark Cuban, entrepreneur and owner of the Dallas Mavericks, was not liable for insider trading. The article says that, while the verdict may have resulted from adverse evidentiary rulings, this loss may cause the agency to reevaluate its approach to trials and to seek friendlier venues for insider trading cases.
Click here to read the article in full by Brad Bondi, Martin L. Seidel, Nathan Bull, Karen Woody and Brett Sisto (originally published in Law360).See also: SEC Chair Delivers Lecture on the Importance of Trials to the Law and Public Accountability.