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Phil Mickelson Releases Statement on FBI Investigation
Published: May 31, 2014
Updates from Saturday, May 31
ESPN's staff, in addition to the Associated Press, provides a statement from Phil Mickelson discussing the FBI investigation:
I have done absolutely nothing wrong. 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.
Original Text
According to TMZ, Phil Mickelson's lawyer refutes reports that Mickelson is the target of an investigation:
After reports surfaced that federal investigators are looking into his trading history to see if he was involved in any Martha Stewart-esque style illegal activity over the past 3 years, Mickelson's lawyer issued a statement saying Phil is not n the FBI's crosshairs.
"Phil is not the target of any investigation," Mickelson's attorney Glenn Cohen said.
Susan Pulliam and Michael Rothfeld of The Wall Street Journal previously reported Mickelson was being investigated for insider-trading activity, via Market Watch:
Federal investigators are pursuing a major insider-trading probe involving finance, gambling and sports, examining the trading of 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 examining whether Mickelson and Walters traded illicitly on nonpublic information from Icahn about his investments in public companies, people briefed on the probe said.
Reuters passed along some similar details:
The U.S. Federal Bureau of Investigation and the Securities and Exchange Commission are investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, a source familiar with the...
Article Source: Bleacher Report - Golf
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