Phil Mickelson Did Not Trade Shares In Clorox
Thomson Reuters
Clorox was among the stocks that U.S. authorities were examining as part of a three-year investigation into well-timed trades by Mickelson and Las Vegas gambler William Walters.
The FBI and the Securities and Exchange Commission did not find evidence that Mickelson traded Clorox shares, but Icahn and Walters remain under investigation over Clorox, the report said citing the people.
Mickelson's agent and representatives for Carl Icahn could not be reached for comment outside regular U.S. business hours.
The federal authorities believed that Icahn may have shared details about his stock bid with Walters, who later passed on the information to Mickelson.
The FBI is pursuing a criminal investigation in the case, while the SEC is running a parallel civil inquiry.
Mickelson, 43, a three-time Masters champion and one of the world's highest-paid athletes, earlier said he had done nothing wrong and was cooperating with the investigation.
Although, Mickelson is not connected to the Clorox trades, he is not in the clear on Dean Foods Co
(Reporting by Ankit Ajmera, Narottam Medhora and Ankush Sharma in Bangalore; Editing by Gopakumar Warrier)
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