Mark Cuban Insider Trading Allegations - Trey Branham

Dallas lawyer Trey Branham tells CBS 11 (KTVT) reporter Jack Fink that the 5th US Circuit Court of Appeals' decision in an insider trading case against Dallas Mavericks owner Mark Cuban doesn't mean the appeals court "is saying Cuban has done anything wrong. I don't think the 5th Circuit is making any sort of judgment on the actions here." Branham was consulted as by CBS 11 as a legal analyst and is not involved in the lawsuit. The decision, however, reinstates the US Securities and Exchange Commission's civil lawsuit against Cuban, who is accused of using confidential insider information when he decided to sell his shares in the search engine Mamma.com in 2004. His sale saved him about $750000 in losses. A Dallas federal judge had originally dismissed the case, but the appeals court's decision means Cuban is headed back to court. Dallas-based Branham Law represents corporate clients in a variety of commercial litigation matters, as well as helping individuals in catastrophic personal injury claims. Led by noted courtroom lawyer Trey Branham, the firm provides extensive legal expertise and exceptional value for every client. branham-law.com



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Canada: Friend or Foe to the USA?

In July of 2000, Ontario's Court of Appeal declared Canada's prohibition of marijuana to be "unconstitutional". If Parliament did not amend its law to allow for medical use within a year, marijuana possession for all Ontario residents would be legal. In May of 2003, an Ontario court ruled that there exists no valid law prohibiting the minor possession of marijuana because the federal government had failed to comply with the July 2000 order. Possessing and smoking marijuana in Ontario was legal. In June of 2003, Ontario's Court of Appeal declared that Ontario's exclusion of same-sex couples from the common law definition of "marriage" violated the constitution. In Ontario, same-sex couples could now enter into unions recognized as marriages. Some in the United States were upset by these developments. So, in July of 2003, Freedom Party's Paul mckeever was invited to Detroit to answer the question "Canada: Friend or Foe?"



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