Challenges in the Life of Mark Cuban in a Detailed Timeline

Life is full of challenges, and Mark Cuban faced many. Discover key struggles and how they were overcome.

Mark Cuban is a highly successful American businessman, television personality, and investor. Best known as the owner of the Dallas Mavericks and a prominent investor on Shark Tank, Cuban has built a fortune estimated at $5.7 billion. He co-owns 2929 Entertainment and has made significant contributions to the sports and entertainment industries. His business acumen and media presence have established him as a major figure in both entrepreneurial and popular culture.

Sections (5)

Full Timeline Early Life & Education Career & Achievements Challenges & Struggles Controversies & Scandals

June 2004: Stock dilution

A stock dilution occurred shortly after a trade in June 2004, giving hints of inside knowledge at the time of the trade, and Cuban allegedly was saved from a loss of $750,000.

2006: NBA Finals

After the 2006 NBA Finals, Cuban was fined $250,000 by the NBA for repeated misconduct following the Mavericks' loss to the Miami Heat in Game Five of the 2006 NBA Finals.

2006: Fined for misconduct after NBA Finals

After the 2006 NBA Finals, Mark Cuban was fined $250,000 by the NBA for repeated misconduct following the Mavericks' loss to the Miami Heat in Game Five of the 2006 NBA Finals.

November 17, 2008: SEC files civil suit against Cuban

On November 17, 2008, the U.S. Securities and Exchange Commission (SEC) filed a civil suit against Mark Cuban relating to alleged insider trading in the shares of Mamma.com. Cuban disputed the charges.

May 2010: Lawsuit Filed by H. Ross Perot Jr.

In May 2010, H. Ross Perot Jr. filed a lawsuit against Mark Cuban, alleging the Dallas Mavericks were insolvent.

June 2010: Cuban's Response to Lawsuit

In June 2010, Mark Cuban responded to the lawsuit, maintaining that H. Ross Perot Jr. was wrongly seeking money.

October 6, 2010: UFL Fails to Repay Loan to Cuban

By October 6, 2010, the United Football League (UFL) failed to repay a $5 million loan to Mark Cuban.

January 2011: Cuban Files Lawsuit Against UFL

In January 2011, Mark Cuban filed a federal lawsuit against the UFL for failing to repay a $5 million loan.

November 2013: Cuban Denies Acquisition of Motionloft

In November 2013, Mark Cuban denied that an acquisition of Motionloft was in place.

December 1, 2013: Motionloft CEO Terminated

On December 1, 2013, the stockholders terminated Jon Mills as CEO of Motionloft.

February 2014: Motionloft CEO Arrested

In February 2014, Jon Mills, the former CEO of Motionloft, was arrested by the FBI and charged with wire fraud.

March 6, 2018: Willamette Week reports on alleged incident at Portland bar

On March 6, 2018, Willamette Week reported on an alleged April 2011 incident between Mark Cuban and a female patron of a Portland, Oregon bar called the Barrel Room. The woman alleged that Cuban sexually groped her while she posed for pictures with him.

March 8, 2018: NBA reviews Cuban allegations.

On March 8, 2018, the NBA announced that it was reviewing the matter of the incident between Mark Cuban and a female patron of a Portland, Oregon bar called the Barrel Room.

February 2022: Securities Act Ruling

In February 2022, The U.S. 11th Circuit Court of Appeals ruled in a lawsuit against Bitconnect that the Securities Act of 1933 extends to targeted solicitation using social media.