Mark Cuban Attacked By SEC For Insider Trading of Mamma.com Shares

• 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. 

TC, Blog Maverick

Tagged as: 2004, blog maverick, Insider Trading, Investigation, Mamma.com, marc cuban, mark cuban, PIPE Financing, search engine, SEC, stock price