SANTA ANA – (INT) - A federal jury Friday convicted former professional baseball player Doug DeCinces of insider trading charges for using non-public information to purchase stock in an Orange County company in transactions that netted him $1.3 million in profits.

A second man who illegally took the insider information from DeCinces – David Parker – was also found guilty of violating federal securities laws.

The verdicts follow a trial that lasted nearly two months in United States District Court.

As a result of the verdicts, DeCinces, 66, of Laguna Beach, and Parker, 65, of Provo, Utah, respectively face statutory maximum penalties of 220 years and 60 years in federal prison.

Story Date: May 15, 2017