Stuart P. Slotnick Quoted on the Trial of the SEC v Mark Cuban in Bloomberg News

Buchanan Ingersoll & Rooney defense attorney Stuart P. Slotnick was recently quoted in an article titled, “Mark Cuban to Defend Himself on Stand in SEC Insider Case,” published by Bloomberg News. The article discussed the case of Mark Cuban, owner of the National Basketball Association’s Dallas Mavericks, who is accused of insider trading when he sold $7.9 million worth of his shares in a Canadian Internet Search company after allegedly learning confidential information about the company.

Mark Cuban is set to take the stand in federal court in Dallas to defend himself against the allegations. Slotnick told Bloomberg that “Cuban can’t avoid testifying or answering questions by raising constitutional arguments against self-incrimination.”

“He doesn’t have a Fifth Amendment right because he can’t be prosecuted. He’s probably going to testify directly and forcefully,” Slotnick said. 

Read the full article – “Mark Cuban to Defend Himself on Stand in SEC Insider Case” (Bloomberg News, October 3, 2013)