Federal Insider Trading Trial Begins for Ex-Angel Player Doug DeCinces
Source: Orange County Register
Friday, March 10, 2017 | Earnings & Financials
An ex-Angel star who made more than a $1 million in investments related to a friend’s medical-device company appeared in federal court Thursday for the start of his insider-trading trial. A federal jury will decide whether former Baltimore Orioles and Angels third baseman Doug DeCinces, now 66, and others wrongly profited off of non-public information, or if they just made savvy stock investments on the advice of a veteran trader.