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Former Baseball Player Charged with Insider Trading

Former Baltimore Orioles third baseman Doug DeCinces and three others have been indicted on insider trading charges for allegedly profiting from information prior to the takeover of a Southern California medical device company.

DeCinces was charged Wednesday with 42 counts of securities fraud and one count of money laundering. He is scheduled to appear in court Dec. 17.

Source: AP. Read full article. (link)

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