Mark Cuban Joining Insider Trading Prosecution Fray

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Mark Melin
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As previous insider trading case is overturned, famous internet investor jumps to the aid of hedge fund traders Mark Cuban has re-entered a fight that cost him $20 million and a chance at owing the Chicago Cubs. The Wall Street Journal is reporting that Mark Cuban is expected to file a brief in court yesterday opposing the government’s insider trading prosecution tactics. Cuban, the current owner of the Dallas Mavericks basketball team and co-host of the television game show “Shark Tank,” had spent six years and $20 million successfully fighting the Securities and Exchange Commission over insider trading charges. He…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.