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Saturday, 05/31/2014 9:32:26 AM

Saturday, May 31, 2014 9:32:26 AM

Post# of 30990
Carl Icahn, Phil Mickelson 'in insider trading probe' in BBC News, 31 May 2014

Excerpt:
"The FBI is investigating possible insider trading involving billionaire investor Carl Icahn, golfer Phil Mickelson and Las Vegas gambler William Walters, reports say.

The inquiry is reportedly examining whether Mr Mickelson and Mr Walters may have traded shares illegally, based on information provided by Mr Icahn.

Mr Mickelson's lawyers say he is not the target of an investigation. Mr Icahn denies giving out insider information."

"Mr Icahn, a billionaire investor and prominent activist, was mounting a takeover bid for Clorox around the time that Mr Mickelson and Mr Walters placed their trades, the New York Times reports."

Article at:
http://www.bbc.com/news/world-us-canada-27647437
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