Mark Cuban Busted for Insider Trading

Mark Cuban has pulled a Martha Stewart. (Wikimedia Image)"]
Dallas Mavericks owner Mark Cuban has been charged with insider trading by the SEC.

Reportedly, Cuban dumped all his Mamma.com stock after he  was tipped off  by the company's CEO  of a stock-reducing financial transaction they were  planning.   Cuban apparently sold 600,000 shares and saved himself a cool $750K loss.

Cuban  called his broker after learning of the impending transaction and said, "Sell what you can tonight and just get me out the next day."