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The Corporate Observer A Publication by Attorneys Devoted to Protecting Consumer Rights

Quick Links: SEC v. Mark Cuban, Movie and Bookstore Bankruptcy, and Flash Cookies

Posted in In the Courts

The SEC’s insider trading case against Mark Cuban has been reversed in Federal Appeals Court after originally being dismissed. The SEC’s perseverance against such a high-profile character shows their renewed commitment to stemming corporate fraud.

Driven under by new-age companies like Netflix, news is that Blockbuster is preparing to file for bankruptcy later this week. Barring a turnaround, the trend looks to continue as booksellers Barnes and Noble and Borders find themselves in technology-caused dire straits as well.

Flash Cookies” – similar to the html cookies stored on your web browser – are tracking your actions when you watch video online. A major privacy issue has arisen because flash cookies are difficult to block and unknown to most web users.

 

Assisted by David Martin