Orioles Legend Charged by SEC

HALL OF SHAME

Updated Apr. 21, 2017 4:06PM EDT / Published Aug. 17, 2012 4:20PM EDT

Doug Pensinger

Looks like “Steady Eddie” has been off his game lately. Baltimore Orioles Hall of Famer Eddie Murray was charged with insider trading by the Securities and Exchange Commission, the regulatory agency announced Friday. The statement said Murray agreed to settle the charges without admitting or denying any illegal actions. Murray’s former Orioles’ teammate Doug DeCinces allegedly prompted him and another man with non-public information ahead of an acquisition by Advanced Medical Optics Inc. The chairman and chief executive of that company have also been charged. The SEC report says Murray made roughly $235,314 in illegal profits from the insider tips, and paid $358,151 to settle the charges.

Read it at The Wall Street Journal

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Orioles Legend Charged by SEC

Doug Pensinger