Blogger billionaire Cuban is being sued by the SEC over alleged insider trading. An interesting turn of events given his involvement in Sharesleuth.com.
Mr. Cuban stated, “I am disappointed that the Commission chose to bring this case based upon its Enforcement staff’s win-at-any-cost ambitions. The staff’s process was result-oriented, facts be damned. The government’s claims are false and they will be proven to be so.”
I wonder how he will fare.