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Mark Cuban Attacked By SEC For Insider Trading of Mamma.com Shares, momma.com
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post Nov 17 2008, 06:48 PM
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Mark Cuban in 2004 was a major stakeholder in search engine Mamma.com.
He started to sense things were not going well for the company when they told him that they were going to engage in PIPE financing
Mark sold his shares on the news, which had not gone public yet and the next day, prices fell nearly 10% (price has never returned again)
I’m sure there is an explanation for all of this coming soon.



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