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Criminal

Jan. 11, 2018

2nd insider trading trial paints defendant as betrayed

A top white-collar crime attorney defending a corporate executive in his second insider trading trial on Wednesday worked to portray his client as a victim of an opportunistic ex-friend who’s lying to secure a deal from prosecutors.

2nd insider trading trial paints defendant as betrayed
Richard Marmaro

SANTA ANA — A top white-collar crime attorney defending a corporate executive in his second insider trading trial on Wednesday worked to portray his client as a victim of an opportunistic ex-friend who’s lying to secure a deal from prosecutors.

In an hourlong opening statement, Richard Marmaro of Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates said Doug DeCinces, the retired Major League Baseball player facing prison aft...

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