Doug DeCinces, who played for the LA Angels (California Angels during his playing days) from 1982 – 1987, had been charged back in 2012. The thirteen count indictment had accused the 66-year old former all-star of receiving tips from a neighbor that eventually led to the former player netting $1.3 million in profits.
James Mazzo was the Chief Executive of Advanced Medical Optics Inc. In 2008 the company was struggling to stay afloat. With mounting debt, the company was eventually acquired by the larger Abbott Laboratories in 2009.
By the time Abbott’s acquisition, DeCinces and a friend, Dave Parker, had bought large amounts of AMO stock.