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  • casp321 casp321 Nov 29, 2012 1:08 AM Flag

    Former baseball star Doug DeCinces indicted for insider trading

    When will FBI, DOJ announce ON2's insider trading some of who are billionaires robbing ON2 shareholders?

    Just ask how many were told will get VP8 for free after Google taking ON2/Hantro over? How many KNEW before August 5, 2009 ???

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    Former baseball star Doug DeCinces indicted for insider trading
    Reuters – 2 hours 48 minutes ago

    (Reuters) - Former Baltimore Orioles third baseman Doug DeCinces has been indicted by a federal grand jury for insider trading, the Justice Department said on Wednesday.

    DeCinces was charged with 42 counts of criminal securities fraud and one count of money laundering over the 2008 purchase of stock in a medical device company based on insider information, according to an indictment filed in a federal court in Southern California.

    DeCinces, 62, bought $160,000 worth of stock in Advanced Medical Optics Inc, after a "close personal friend" alerted him to an impending takeover bid by Abbott Laboratories, according to prosecutors.

    He sold his stock shortly after the takeover bid was announced, making $1.3 million in profits, the department said.

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    • It's shame that there is no justice for regular small company like ON2 shareholders. Ask why did Google terminate Hantro trademark on Nov 12, 2012 after more than four years filing it and why did Hambrecht stop operating UFL in Oct 2012? ...

 
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