After being accused of selling his stake in Mamma.com based on confidential information, the billionaire investor is cleared of the government's charges.
The court schedules a June trial for the tech mogul and Dallas Mavericks' owner, accused of using confidential information.
Federal court says the SEC didn't prove that new media entrepreneur Mark Cuban promised not to trade based on information he was given.
Digital media maverick could face up to $3 million in penalties and fines related to questionable 2004 trades of search engine company Mamma.com.
Google may reign supreme in the search market, but metasearch engines are a viable alternative to those who want more out of their search engine.
The SEC claims that Mark Cuban illegally dumped his holdings in Mamma.com after learning about an impending private stock offering. Charles Cooper and Dawn Kawamoto discuss the charges facing one of the best-known technology entrepreneurs of the last decade.
Cuban responds again to some of the SEC charges against him and presents a transcription that he says proves he broke no confidentiality agreement.