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Mark Cuban Proclaims Insider Trading Innocence

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After being accused of insider trading by the SEC, Mark Cuban's done the smart thing and stayed fairly quiet so far.  Just the same, one short announcement has given a few clues as to what's going on in relation to the Mamma.com charges.

For example: Cuban's relative silence appears to be a taking-the-advice-of-his-lawyer situation.  On Cuban's blog, an official statement appeared, and the name of case based upon its Enforcement staff's win-at-any-cost ambitions. The staff's process was result-oriented, facts be damned.  The government's claims are false and they will be proven to be so."

Approximately 440 comments then follow the announcement, so Cuban appears to both be in a considerable spotlight and have a lot of supporters.  Just don't count on hearing much more from his side of things in the near future.

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