Say it ain’t so, Lefty.
The Wall Street Journal reported on Friday that federal investigators are examining trades made by investor Carl Icahn, golfer Phil Mickelson and Las Vegas bettor William "Billy" Walters. The Federal Bureau of Investigation and the Securities and Exchange Commission are reportedly focused on trades made on two different stocks: The consumer products company Clorox, in which all three men are being investigated for a string of 2011 trades; and Dean Foods, in which Mickelson and Walters reportedly placed trades around the same time in August 2012.
"I have done absolutely nothing wrong," Mickelson said in a statement. "I have cooperated with the government in this investigation and will continue to do so. I wish I could fully discuss this matter, but under the current circumstances, it’s just not possible."
For more details on the case, including an explanation of what constitutes a legal trade versus an illegal one, check out The New York Times’ article on the investigation.
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