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PLST 350 Discussion Board 5

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Mark Cuban was accused of insider trading relative to his investment in Mamma.com.  Securities and Exchange Commission v. Cuban, 620 F.3d 551 (5th Cir. 2010).  What would you have done in his situation?  Do you think he did anything wrong?  Is insider trading wrong anyway?  What does the Bible say about all of this?  Is it within the biblical jurisdiction of the civil magistrate?

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[Solved] PLST 350 Discussion Board 5

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  • Submitted On 18 Jan, 2022 11:09:15
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One of our textbooks this week discusses the actions of Mark Cuban when he was confided with information that a company he owned considerable shares in was thinking of instigating a major business decision. Rodney D. Chrisman, Logia of Business Organizations Law for Paralegals, 102-104 (Logia Press, 2011). Cuban feared the results of the decision and used the information to offload his shares, a decision that ultimately saved him $750,000 dollars. Id. It is easy to sympathize with Cuban’s actions, as if I were in a similar si...
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Reply 1 I enjoyed reading your post and your analysis of the case presented. You are right that in that situation, it would be tempting to just want to do the same thing that Cuban did. However, we need to look past temptati...
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