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Mark Cuban exonerated in insider trading trial
Dallas Mavericks owner Mark Cuban walks into the Earle Cabell Federal Courthouse for closing arguments with his lawyerson Tuesday in Dallas. (Tom Fox/The Dallas Morning News/AP)The Securities and Exchange Commission accused Cuban of using inside information to sell $7.9 million of stock in an Internet company, a Canada-based search engine, after he learned confidentially of news that would send the share price down. The SEC wanted Cuban to repay $750,000 in losses that he avoided, plus pay a penalty. The …
