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Phil Mickelson named by the SEC in an insider trading scheme..

Posted on 5/19/16 at 11:13 am
Posted by Dan Bilzerian
..on my yacht or jet.
Member since Dec 2014
1864 posts
Posted on 5/19/16 at 11:13 am
quote:

In 2012, the SEC says, Walters called Mickelson, who owed him money, and urged him to trade Dean Foods stock. The SEC says Mickelson did so the next day and made a profit of $931,000.


LINK
This post was edited on 5/19/16 at 11:14 am
Posted by LSUballs
RayVegas LA
Member since Feb 2008
37745 posts
Posted on 5/19/16 at 11:15 am to
I'm not saying he's guilty or not but I'd rather have the info from a more reliable source that an athletic conference.
Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 5/19/16 at 11:15 am to
He has agreed to pay back his profit made and was not accused of doing anything illegal himself, merely just profiting off of illegal activities of others, and will not face charges.

Posted by TheCaterpillar
Member since Jan 2004
76774 posts
Posted on 5/19/16 at 11:15 am to
LINK

quote:

Mickelson was named as a "relief defendant" in the case, meaning he benefited from wrongdoing but is not accused of any illegal act.
Posted by HempHead
Big Sky Country
Member since Mar 2011
55448 posts
Posted on 5/19/16 at 11:15 am to
quote:

I'm not saying he's guilty or not but I'd rather have the info from a more reliable source that an athletic conference.



Can't tell if trolling or not.
Posted by Hacker
19th Hole
Member since Jan 2009
3239 posts
Posted on 5/19/16 at 11:22 am to
I am wondering the same thing
Posted by Mizzoufan26
Vacaville CA
Member since Sep 2012
17218 posts
Posted on 5/19/16 at 11:23 am to
I'm not going to lie to you, this notification popped up from ESPN and I actually thought it was SEC. Was wondering which team would be fricked now and why they weren't mentioned... I should probably kilo myself
Posted by Topwater Trout
Red Stick
Member since Oct 2010
67589 posts
Posted on 5/19/16 at 11:23 am to
quote:

Can't tell if trolling or not


lay off the weed man
Posted by GreatLakesTiger24
One State Solution
Member since May 2012
55598 posts
Posted on 5/19/16 at 11:24 am to
I'm sure Phil has NO IDEA something was wrong when Walters called and urged him to make the trade.
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134860 posts
Posted on 5/19/16 at 11:25 am to
quote:

I should probably kilo myself

Better to do that than to pound yourself.
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