http://www.mvptexas.com/nba/850-mavericks-owner-might-be-in-trouble.html After spending the summer trying to sign his star player, Dirk Nowitzki, to a contract and then making a last ditch effort to buy the Texas Rangers, Mark Cuban may have something else to worry about now. As training camp opens for the Dallas Mavericks and every other NBA team the Mavericks owner may be spending a lot of time in another court. Recently the Securities and Exchange Commission decided to look back into allegations of insider trading by Cuban. Back in 2004 Cuban sold off his shares in an internet company prior to the company offering shares to private investors at a discounted rate. By selling his shares early he kept himself form losing approximately $750,000. Cuban had owned a little more than six percent of the company, Mamma.com, but when the company’s chief executive officer, Guy Faure told Cuban about the plan to offer stock at a discount to private investors he became upset due to the hit in value that his stock would take. He ended up selling his stock prior to the stock offering; afterwards the value of the stock dropped by close to 39 percent. A district court judge dismissed the suit last summer since there did not appear to be any agreement not allowing Cuban to act on the information. Now an appeals court judge has decided that the case bears further scrutiny
