Mickelson plays on amid news of U.S. probe into possible insider trading

Sat May 31, 2014 5:19pm EDT
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By Ben Everill

NEW YORK (Reuters) - DUBLIN, Ohio May 31 (Reuters) - If golf star Phil Mickelson is concerned by a federal probe into possible insider trading involving him, billionaire investor Carl Icahn and Las Vegas gambler William Walters, he did not show it on Saturday.

As he hit a few practice balls before his round at the Memorial Tournament in Dublin, Ohio, Mickelson was in a light-hearted exchange with fellow American golfer Robert Garrigus.

"How's it going, Phil?" asked Garrigus.

"It's been an interesting evening," Mickelson replied, adding with a laugh, "I don't have much to say about it."

Garrigus jokingly intimated that talking with Mickelson could get him into trouble, saying he was "not sure I want to talk to you now."

On Friday night, a source familiar with the matter said the FBI and the U.S. Securities and Exchange Commission were investigating possible insider trading involving Icahn, Mickelson and Walters.

Federal investigators are looking into whether Mickelson and Walters may have traded illegally on private information provided by Icahn about his investments in public corporations, the source told Reuters, confirming reports on Friday.

None of the three men has been accused of any wrongdoing, the source said.   Continued...

Billionaire activist-investor Carl Icahn gives an interview on FOX Business Network's Neil Cavuto show in New York February 11, 2014. REUTERS/Brendan McDermid