In July 2009, the U.S. District Court dismissed the charges against Cuban, but the SEC appealed, and in September 2010, an appeals court said that the district court had erred and that further proceedings would be necessary to address the merits of the suit.
The U.S. District Court dismissed the charges against Cuban. This was in July 2009. The SEC appealed. That the district court had erred. This was what an appeals court said in September 2010. That further proceedings would be necessary to address the merits of the suit. This was what an appeals court said in September 2010.