The Securities and Exchange Commission has filed a civil suit naming Phil Mickelson as a “relief defendant,” accusing the five-time major winner of insider trading. The suit claims Mickelson made approximately $ 931,000 on Dean Foods stock because of an insider tip from famous sports bettor Billy Walters. Walters and former Dean Foods board chair Thomas […]
Phil Mickelson named in federal insider trading inquiry
May 31, 2014 by
Phil Mickelson’s name has surfaced in a federal investigation into insider trading, along with those of investor Carl Icahn and noted gambler Billy Walters. None of the three men is accused of any wrongdoing. But federal investigators are examining trades involving the men’s connection to two separate companies, Clorox and Dean Foods. Specifically, the investigation […]
