Darren LaVerne

Kramer Levin Naftalis & Frankel LLP

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Recently by Darren LaVerne

Texas District Court Dismisses Insider Trading Charges Against Mark Cuban And Holds That Misappropriation Theory Requires Duty Not To Trade

On July 17, 2009, in a significant defeat for the Securities and Exchange Commission, Northern District of Texas, Chief District Judge Sidney Fitzwater dismissed the high-profile insider-trading charges that the SEC had brought against well-known entrepreneur Mark Cuban.1In a 35-page opinion,...

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