Mark Cuban & Insider Trading
Not what you're looking for?
Watch the following video:
http://www.cbsnews.com/video/watch/?id=4612675n
In 2009, the case filed against Cuban was dismissed in a federal district court but the government appealed and the case is now pending before the 5th Circuit US Court of Appeals. Cuban's defense is that the information he received wasn't confidential.
Assume the Mamma.com executive got caught up in the moment and simply forgot to tell Cuban that the information was confidential --- But nevertheless, when Cuban heard the information, he immediately believed the information to be confidential, and went on throughout the conversation without asking the Mamma.com executive about whether the information was confidential, and hoping that the Mamma.com executive wouldn't bring it up, which, (at least in our example) the executive never did.
Do you think Cuban's actions in this example are ethical? A smart business decision? Why or why not?
Purchase this Solution
Solution Summary
The expert examines Mark Cuban and insider trading.
Solution Preview
No, Mark Cuban's actions were not ethical. He received insider information that the company was going to offer ...
Purchase this Solution
Free BrainMass Quizzes
Social Media: Pinterest
This quiz introduces basic concepts of Pinterest social media
Learning Lean
This quiz will help you understand the basic concepts of Lean.
Change and Resistance within Organizations
This quiz intended to help students understand change and resistance in organizations
Production and cost theory
Understanding production and cost phenomena will permit firms to make wise decisions concerning output volume.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.