Mark Cuban Joining Insider Trading Prosecution Fray

As previous insider trading case is overturned, famous internet investor jumps to the aid of hedge fund traders

Mark Cuban has re-entered a fight that cost him $20 million and a chance at owing the Chicago Cubs.

The Wall Street Journal is reporting that Mark Cuban is expected to file a brief in court yesterday opposing the government’s insider trading prosecution tactics. Cuban, the current owner of the Dallas Mavericks basketball team and co-host of the television game show “Shark Tank,” had spent six years and $20 million successfully fighting the Securities and Exchange Commission over insider trading charges. He also said focusing on the litigation prevented him from participating in final bidding for the Chicago Cubs...