Posted inSports

Ex-Angel Doug DeCinces testifies against Laguna Beach co-defendant in insider trading trial

Former California Angels third baseman Doug DeCinces testified Wednesday that he bought shares in a friend’s eye-care company based on inside information about a restructuring of the corporation’s debt and a pending merger deal. DeCinces, who was convicted in May of 14 counts of insider trading, said he struck a deal with prosecutors to testify […]