Report: FBI, SEC Probe Icahn, Mickelson And Walters
Federal investigators have launched what the Wall Street Journa l is calling “a major insider-trading probe involving finance, gambling and sports” that involves the trading of activist investor Carl Icahn, pro golfer Phil Mickelson and Las Vegas bettor William “Billy” Walters. According to a story published on the Journal website late Friday, the FBI & SEC are probing whether Mickelson and Walters illegally traded on nonpublic information they allegedly obtained from Icahn about his investments in public companies.
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