Former Oriole Doug DeCinces charged with securities fraud, money laundering

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Back in 2011 former Orioles and Angels third baseman Doug DeCinces was charged with insider trading arising out of a tip he received regarding the buyout of a medical devices company by Abbott Labs. It was a civil charge, filed by the SEC, and he settled the charges for $2.5 million.

But civil charges weren’t good enough, it seems, because he has now been charged criminally in the matter: he was indicted yesterday on 42 counts of securities fraud and a count of money laundering. Each of the fraud counts carries a maximum sentence of 20 years in prison.

Obviously it’s hard to get details from an AP report, but unless this involves something totally different than the case which he settled (civilly, anyway) in 2011, I don’t know how you wring 42 charges out of it. He got a tip. He told a few friends. They bought stock and cashed out. About as simple as it gets.

He reportedly made $1.3 million out of the transaction so it’s possible that instead of one big buy he purchased stock in, like, 21 separate buys and the feds are charging each one. They tend to do things like that.

Addison Russell had an allergic reaction to something he ate from the postgame spread

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Gordon Wittenmyer of the Chicago Sun-Times reports that Cubs shortstop Addison Russell stayed overnight in Denver after having an allergic reaction to something he ate from the postgame spread in the clubhouse at Coors Field after Sunday afternoon’s game. Russell spent a couple of hours at a hospital in Denver for observation on Sunday night.

Russell has a shellfish allergy and believes something he ate might have been mistakenly labeled as not having shrimp in it.

The Cubs took two of three games from the Rockies. After Monday’s day off, the Cubs open a brief two-game series in Cleveland for a rematch of the 2016 World Series. Russell flew with the team to Cleveland and believes he will be in good enough shape to play on Tuesday.

Russell, 24, has had a slow start to the season. He’s hitting .219/.324/.281 across 74 plate appearances.