The Associated Press
DUBLIN, Ohio — Hall of Fame golfer Phil Mickelson confirmed FBI agents investigating insider trading approached him at this week’s Memorial Tournament. The five-time major champion said Saturday he’s done “absolutely nothing wrong.”
A federal official briefed on the investigation told The Associated Press the FBI and Securities and Exchange Commission are analyzing trades Mickelson and Las Vegas gambler Billy Walters made involving Clorox at the same time activist investor Carl Icahn was attempting to take over the company. When Icahn’s intent became public, the stock price jumped.
The official was unauthorized to speak about the investigation and spoke to the AP on condition of anonymity. Reports of the investigation appeared in several newspapers, including the Wall Street Journal.
Smiling as he stood before a room packed with reporters and cameras, Mickelson said the case had not been a distraction until FBI agents approached him after his opening round Thursday.
He said it would not affect his preparations for the U.S. Open in two weeks.