SHEBOYGAN, Wis. – Phil Mickelson’s name surfaced again this week in another story about a federal probe into insider trading.
The Wall Street Journal reported Wednesday that U.S. authorities are investigating former Dean Foods chairman Tom Davis and whether he leaked confidential information about a corporate spinoff to a professional gambler who may then have tipped off Mickelson.
After posting an even-par 72 Thursday at the PGA Championship, Mickelson was asked if he wanted to comment on the story.
“No, I don’t,” Mickelson said. “It seemed like it was the same [story] as a year ago. It didn’t really say anything new.”
More than a year ago, the Wall Street Journal reported that federal investigators were examining the trading of investor Carl Icahn, sports bettor Billy Walters and Mickelson. The New York Times reported a similar story. The Times later reported that Mickelson’s involvement was overstated in that probe and that the FBI and SEC found no evidence Mickelson improperly traded shares of Clorox. The Times, however, reported that Mickelson was still part of an investigation over Dean Foods’ trades.
Mickelson was asked after his round if the insider trading story was wearing on him.
“No,” Mickelson said. “Because I know how inaccurate so much of that stuff is. I’m not worried.”