Saturday, May 13, 2017

Ex-MLB all-star 3B Doug DeCinces found guilty of insider trading



I remember Doug when he3 was a solid third baseman for the Baltimore Orioles.  This is not a good look.    
NY Post reports former baseball star Doug DeCinces was convicted Friday of insider trading for a stock buy that earned him more than $1 million.

The ex-Baltimore Orioles and California Angels third baseman was convicted of 14 federal charges and could face decades in prison.

Jurors deadlocked on 18 other charges and a judge declared a mistrial for those counts, according to the U.S. attorney’s office.

Ken Julian, an attorney for DeCinces, said he planned to ask for a new trial.
“Obviously, this is a disappointment for everybody involved,” Julian told the Orange County Register (http://bit.ly/2pHlwdB). “This is not the end.”


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