Manatt Scores Victory for MLB Star DeCinces in Insider Trading Case Sentencing

No Prison Time for Inside Trader Doug DeCinces
– Courthouse News Service

Manatt’s Kenneth Julian, a partner in the firm’s investigations and white collar defense practice, spoke with Courthouse News Service on his successful effort to secure a sentence of house arrest for retired major league baseball player Doug DeCinces in connection with a 2017 insider stock trading case.

According to Courthouse News Service, DeCinces was convicted in 2017 of insider trading, however, U.S. District Judge Andrew J. Guilford decided that DeCinces will not serve time in prison, and will instead serve two years of supervised probation, including eight months of home detention.

Julian, who defended DeCinces in the case, said DeCinces will be able to go to work and medical appointments during his home confinement in Newport Beach, California. DeCinces is a real estate developer and philanthropist.

Judge Guilford noted during the hearing that he was “impressed not only with what [former Angels star infielder Rod] Carew said in court, but with the 53 letters from friends, family members, charities and business and baseball colleagues that defense attorney Julian….presented in support of DeCinces.”

Read the article here



pursuant to New York DR 2-101(f)

© 2024 Manatt, Phelps & Phillips, LLP.

All rights reserved