Former Oriole Murrary Enters Into Settlement with SEC

Former Baltimore Orioles player and MLB Hall of Famer Eddie Murray has agreed to pay over $358,000 to settle insider trading allegations brought against him by the U.S. Securities and Exchange Commission.  The SEC accuses Murray of making more than $235,000 in a trading scheme involving another former Oriole, Doug DeCinces and James V. Mazzo, the former CEO of Advanced Medical Optics, Inc. (“AMO”).  The SEC’s complaint asserted that multiple tipoffs from Mazzo to DeCinces – and eventually, from DeCinces to Murray and others –…
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