IPOs and the mass of acquisitions in tech are producing a newly rich class; money managers fight to handle the wealth.» Read More
CNBC.com Managing Editor Allen Wastler provides insight to the story on CNBC about Mark Cuban's bold statement on prejudice and bigotry.
Circuit Judge Dennis Jacobs wrote for a three-judge panel that "the SEC ultimately succumbs to its strategic choice" to have pursued an all-or-nothing strategy seeking to hold O'Meally liable for intentional or reckless conduct, not mere negligence.
NEW YORK, May 12- A jury on Monday found that Texas business brothers Samuel and Charles Wyly committed fraud by creating a secret scheme involving offshore trusts that netted them $550 million in illegal trading profits.
It also followed years of litigation and investigation by the SEC and other authorities of the Wylys, who acknowledged creating a maze of trusts in the Isle of Man in an effort to obtain tax benefits. They included Sterling Software Inc, Michaels Stores Inc, Sterling Commerce Inc, and Scottish Annuity& Life Holdings Ltd, now called Scottish Re Group Ltd..
Income inequality is growing and the rich keep getting richer. In 25 years a serial entrepreneur with grand visions may cross the wealth threshold.
Discussing Michael Lewis' allegations about high-frequency trading in his new book "Flash Crash," with billionaire investor and entrepreneur Mark Cuban, and Eric Hunsader, Nanex founder.
Billionaire investor and entrepreneur Mark Cuban discusses the algorithms high frequency traders use, and the risks involved.
Billionaire investor and entrepreneur Mark Cuban reacts to Michael Lewis' allegations the stock market is "rigged," and what risks exist with high-frequency trading.
March 24- Data storage provider Box Inc aims to raise about $250 million in an initial public offering, becoming the latest contender from a wave of "cloud-based" companies to test the frothy market for technology listings.
Steve Gadlin is allergic to cats, but that didn't stop him from creating a cat-drawing business. Since going on "Shark Tank," his business has grossed over $200,000.
WASHINGTON, March 10- As the U.S. Securities and Exchange Commission seeks to become a more formidable force in the courtroom, a string of trial defeats in the past six months has exposed a weak spot: witness testimony.
Since the start of the SEC's fiscal year on Oct. 1, the agency's win rate has dropped to 58 percent, from about 80 percent in recent years. 1. SEC v AIC, Inc, et al. 3. SEC v True North Finance Corp, et al.
Mark Cuban says he was in Washington D.C. for another event, and decided to attend SEC chairwomen Mary Jo White's speech, reports CNBC's Eamon Javers.
Mark Cuban, never one to hold back an opinion, took his commentary straight to a one-time adversary on Friday.
Mark Cuban tweets from the audience as SEC Chair Mary Jo White spoke at a conference in Washington this morning.
BOSTON, Feb 7- Footwear maker Skechers USA Inc cultivates a hip and diverse image, but its all-male board of directors is insular and needs a "complete and immediate overhaul," according to influential shareholder CtW Investment Group.
"Shark Tank" contestant Stephan Aarstol of Tower Paddle Boards, discusses business after being a contestant on "Shark Tank," and what he would have done differently without Mark Cuban's investment.
After being cleared of insider trading accusations by the SEC, billionaire Mark Cuban said the case was personal and reiterated that he did nothing wrong.
"This SEC insider trading case was personal," says Dallas Mavericks owner and Chairman of AXS TV Mark Cuban, after being acquitted. "I didn't settle because I did nothing wrong," he adds.
Mark Cuban is "glad he can be the person who can afford to stand up to the SEC." Cuban also says the SEC needs to "treat American citizens the way they should be treated," reports CNBC"s Andrea Day.