Sport: Seahawks expect Mychal Kendricks back after insider trading case - PressFrom - United Kingdom
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SportSeahawks expect Mychal Kendricks back after insider trading case

17:45  12 june  2019
17:45  12 june  2019 Source:   sportingnews.com

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Explaining the Insider Trading Case Against Mychal Kendricks . Reddit. Flipboard. NFL linebacker Mychal Kendricks was charged on Wednesday with insider trading . According to U.S. Attorney William M. McSwain of the Eastern District of Pennsylvania, Kendricks and bank analyst Damilare

Back on Sept. 6, NFL linebacker Mychal Kendricks pleaded guilty to insider trading after netting nearly .2 million in shady deals. It was a plea that led to his immediate release from the Cleveland Browns — but only a week later, he was signed by the Seattle Seahawks .

Seahawks expect Mychal Kendricks back after insider trading case © Provided by Perform Media Channels Limited

Mychal Kendricks' off-field troubles aren't expected to affect his availability this year.

While speaking Tuesday at Seattle's mandatory minicamp, Seahawks coach Pete Carroll said the team believes the veteran linebacker will play this season despite his ongoing insider trading case.

"We do expect him to be on the team this year," Carroll said, via ESPN.com.

Prosecutors accused Kendricks of profiting more than $1 million from July 2014 to March 2015 on non-public information provided by investment banker and co-defendant Damilare Sonoiki, who received $10,000 and game tickets from Kendricks when he played for the Eagles.

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Kendricks and Sonoiki are accused of engaging in insider trading in 2014. Sonoiki, the government alleges, funneled information about upcoming mergers and Now: This is a serious thing, if an obscure one; the victims of insider trading , when they can be identified at all, tend to be a vague constellation

Seahawks linebacker Mychal Kendricks ’ sentencing hearing pushed back again. Seahawks linebacker Mychal Kendricks celebrates a stop in the first quarter as the Seattle Seahawks take on the Damilare Sonoiki, who was an accomplice in the case with Kendricks and also pleaded guilty

Kendricks' sentencing was originally scheduled for early 2019 but has been postponed numerous times for reasons that remain unclear. A future sentencing date has yet to be set.

"There's not much that I can say that's going to be proper at this time," Carroll said. "Everything's moving along and he's real optimistic about how things are going. But really not too much to report. I can't tell you much more than that."

Kendricks, 28, was selected by the Eagles in the second round of the 2012 draft. He played six seasons in Philadelphia and had a brief stint in Cleveland before the Browns released him last August.

He was then acquired by the Seahawks, though his 2018 campaign was plagued by suspensions and injury, as he sat out eight games for violating the league's personal conduct policy and later broke his leg.

He has 473 total tackles, 16 sacks and three interceptions over his career.

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