NYT: Mickelson Did Not Trade In Clorox Stock

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NYT: Mickelson Did Not Trade In Clorox Stock

by Wochit 0:45 mins

NYT: Mickelson Did Not Trade In Clorox Stock

by Wochit 0:45 mins

The New York Times reported, citing people briefed on the probe, that golf star Phil Mickelson was not involved in insider trading in the shares of Clorox Co when billionaire investor Carl Icahn was attempting an unsolicited takeover of the consumer products company in 2011. Clorox was among the stocks that U.S. authorities were examining as part of a three-year investigation into well-timed trades by Mickelson and Las Vegas gambler William Walters. The FBI and the Securities and Exchange Commission did not find evidence that Mickelson traded Clorox shares, but Icahn and Walters remain under investigation over Clorox, the report said citing the people.

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