Golfer Phil Mickelson named in insider trading complaint (Yahoo Sports)

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The Securities and Exchange Commission has sued professional golfer Phil Mickelson, saying he profited from an insider trading scheme conducted by a former corporate director and a professional gambler. The SEC also alleged in its civil suit filed Thursday that a gambler named William Walters received tips and business information about Dean Foods Co. from former Dean Foods director Thomas Davis between 2008 and 2012. In 2012, the SEC says, Walters called Mickelson, who owed him money, and urged him to trade Dean Foods stock.




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