February 14, 2018
Jim Mazzo and attorney
Stories this photo appears in:
LEGAL: Not unanimous, but all but 2 jurors wanted to acquit
This one wasn’t close. Sort of. The jury in the retrial of longtime Orange County medical-device executive Jim Mazzo failed for a second time to reach a verdict on insider trading charges.
For the second time in a year, the fate of Jim Mazzo is in the hands of a federal jury. Prosecutors are again alleging that the founder and former chief executive of Advanced Medical Optics (AMO) violated insider trading laws when he disclosed to his friend and Laguna Beach neighbor Doug DeCinces that his company was being bought by Abbott Laboratories.