Mark Cuban fired back at the SEC, defending the sale of stock which has him facing charges of insider trading.
Initial reports said the charges stemmed from his involvement in the IPO of a search engine called Mamma.com, but the sale in question was actually from a private investment in a public entity, also known as a PIPE.
What is a PIPE? […]
One Maverick may be in some serious trouble!
The SEC has charged Dallas Mavericks owner, Mark Cuban, with insider trading. The charges stem from Mr. Cuban’s involvement in the initial public offering of a Montreal based firm, Mamma.com.
IPOs are typically marketed to individuals with access to large amounts of wealth. The SEC alleges that the Mamma.com IPO […]
Visa stock went public yesterday at $44 per share under the ticker V. With 406 million shares sold Visa effectively raised $17.86 billion to make it the largest initial public offering in US history.
The $44 price tag topped estimates of $37 to $42, and the stock shot up in price yesterday finishing the session at […]
Where talk is money.
Written by Tisa Silver [email] for b5media.
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