Ex-Orioles Player Calls Insider Trading Charges ‘Stale’

Law360, New York (November 4, 2014, 1:02 PM EST) -- Former Baltimore Orioles third baseman Doug DeCinces told a California federal court Monday that certain insider trading charges in his indictment should be dropped because they are merely an attempt to shore up an “already speculative” case against him and are time-barred.

DeCinces differentiates between trading he did leading up to InterLase Corp.’s acquisition by his friend James Mazzo’s company, Advanced Medical Optics Inc., in 2007 and trading he allegedly made on Mazzo’s tips leading up to Advanced Medical’s merger with Abbott Laboratories in 2009. Allegations...
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