Mickelson says he's cooperating in trading probe
Sat, 31 May 2014 19:48:53 GMT —
Hall of Fame golfer Phil Mickelson confirms that FBI agents investigating insider trading approached him after a round at the Memorial tournament. He says he is cooperating and has done nothing wrong.
A federal official briefed on the investigation tells The Associated Press that the FBI and Securities and Exchange Commissioner are analyzing trades Mickelson and Las Vegas gambler Billy Walters made involving Clorox at the same time investor Carl Icahn was attempting to take over the company.
The official was unauthorized to speak about the ongoing investigation and spoke to the AP on condition of anonymity. Reports of the investigation appeared in several newspapers, including the Wall Street Journal.
Mickelson says he will not talk about details until the investigation is over.