Originally written on Pro Sports Daily  |  Last updated 8/17/12
Hall of Fame first baseman Eddie Murray was charged with insider trading by the U.S. Securities and Exchange Commission, MLB.com reported Friday. Murray, a Baltimore Orioles great who was elected to the Hall of Fame in 2003, is accused of making more than $230,000 in "illegal profits." He agreed to settle the charges. The SEC accused Murray of insider trading on confidential information in anticipation Advanced Medical Optics Inc.'s acquisition. Former teammate Doug DeCinces and three others were charged a year ago. Now, the SEC alleges that DeCinces tipped inside information to Murray and another colleague. The group illegally made more than $1.7 million, according to the SEC. They are required to return more than $3.3 million in all to settle the charges. The SEC is requiring the individuals to pay more than $3.3 million in return, an amount in which the group has agreed to redress. Murray's portion is nearly $360,000. DeCinces' share is $2.5 million. "It is truly disa...
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