Mark Cuban facing SEC charges

I'm sure everyone has already heard about Mark Cuban and how he possibly faces SEC charges and jail-time. He saved himself $750,000 by selling his Internet-search firm Mamma.com shares because of information he promised to keep confidential. Mamma.com's Chief Executive, Guy Faure, called Cuban saying he "had confidential information" for him. Yet, Cuban posted an email of the transcript where Faure acknowledges that Cuban didn't explicitly agree to keep the content of their conversation confidential.
I heard on the radio that Cuban could face the same charges as Martha Stewart with insider trading. However, Stewart lied to the Federal Grand Jury that caused her prison time. Cuban has yet to be questioned by the Federal Grand Jury. At this point, it is more of a civil case than a criminal case. He is in the position to be fined substantially, but without jail-time if he plays his cards right. His fate is in his own hands.