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Mark Cuban, the high-profile owner of the Dallas Mavericks, was the subject of a Securities and Exchange Commission insider trading case for almost five years. After many twists and turns, including an initial dismissal that was reversed by the U.S. Court of Appeals for the Fifth Circuit, the case finally went to trial in federal court in Dallas recently. On Oct. 16, a jury returned a defense verdict. The result in the case appears to have turned largely on the jury’s view of the facts and witnesses. But the case also included much wrangling over a variety of unsettled legal issues that make for interesting contrasts with other similar cases, including a number in the Southern District of New York.

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