Eddie Murray Settles Insider Trading Case for $358,000

Baseball Hall of Famer Eddie Murray will pay just over $358,000 to the Securities and Exchange Commission to settle claims of insider trading. The SEC claimed Murray gained illicit profits in an insider trading scheme with former Baltimore Orioles teammate Doug DeCinces. The inquiry into Murray's alleged insider trading activities was announced in June. Known as "Steady Eddie," Murray joins a long list of noteworthy sports figures to become involved in white collar capers. Earlier this week, the SEC accused former University of Georgia football Jim Donnan of operating a Ponzi scheme. Murray, an eight-time all-star, won three Gold Gloves and three Silver Slugger awards and was a member of the Orioles team that won the 1983 World Series. He finished his career with 3,255 hits and over 500 home runs.