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Criminal

Nov. 30, 2012

Prosecutors charge attorney, former Angels baseball star with insider trading

Federal prosecutors in Los Angeles filed insider trading charges against former baseball star Doug DeCinces, Newport Beach attorney Fred S. Jackson and two others.

By Ben Adlin
Daily Journal Staff Writer

Federal prosecutors in Los Angeles filed insider trading charges against former baseball star Doug DeCinces, Newport Beach attorney Fred S. Jackson and two others, alleging the group traded on non-public information ahead of a corporate buyout.

The 44-count indictment, filed Wednesday, alleges that "an officer and director" of Santa Ana-based Advanced Medical Optics Inc. and "close personal friend" of DeCinces disclosed that Ab...

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