Must-see moment:

Big League Stew

Eddie Murray charged with insider trading

Kevin Kaduk
Big League Stew

View photo

.

(AP)

Eddie Murray created a Hall of Fame career by becoming one of the best switch-hitters in the game's history.

The Securities and Exchange Commission, however, doesn't look as favorably at people who can play both sides of something.  The Baltimore Orioles legend learned that the hard way, being charged with insider trading on Friday as part of a probe that involved his old teammate Doug DeCinces.

Murray has already settled the case.

From the Wall Street Journal:

The SEC alleges Mr. Murray made about $235,314 in illegal profits when Abbott (Laboratories) publicly unveiled its plan to buy Advanced Medical Optics in January 2009. Mr. Murray agreed to pay $358,151 to settle the SEC's charges without admitting or denying the allegations.

The Orioles just unveiled a statue of Murray outside Camden Yards last weekend and it has him batting lefthanded as he hit more homers from that side of the plate. Given Friday's penalty, I'm guessing that statue will be a more fruitful source of stock tips in the future than the man himself.

Want more baseball fun all season long?
Follow @bigleaguestew@KevinKaduk and the BLS Facebook page!

Other popular content on the Yahoo! network:
Exclusive: MLB to test two different advanced replay systems next week
Tyrann Mathieu reportedly enters drug rehab for marijuana addiction
Erin Dimeglio poised to become the first girl to play quarterback in Florida
omg!: Jenny McCarthy splits from Chicago Bears linebacker Brian Urlacher

View Comments (28)