Report: Mickelson won't be charged in Clorox trades
Thursday, June 12, 2014
The F.B.I. and the Securities and Exchange Commission have found no evidence that Phil Mickelson traded Clorox shares, the New York Times reported Wednesday.
The Times reported last month that Mickelson was part of the focus of a two-year investigation into possible insider trading along with Las Vegas sports gambler Billy Walters and billionaire investor Carl Icahn. But Mickelson's ties to the investigation "are weaker than previously reported," according to the Times.
The government has no plans to criminally charge Mickelson, the article also states, although the five-time major champion is still not in the clear regarding an investigation into "well-timed trades" he and Walters made in Deans Foods in 2012.
“I’ll continue to say I haven’t done anything wrong,” Mickelson told reporters after firing an opening-round even-par 70 at the U.S. Open Thursday. “I do have a lot to say and I will say it at the right time.”
Click here to read the full Times story.