Phil Mickelson reportedly cleared of some insider-trading allegations

Phil Mickelson
Phil Mickelson has reportedly been cleared of some insider-trading allegations.
(Andrew Gombert / EPA)

Phil Mickelson stood near the top of the leaderboard at the U.S. Open on Thursday, shooting one-under par through 13 holes of the first round, but that wasn’t the only good news for the famed golfer.

In recent days, the Wall Street Journal broke a story that Mickelson was being investigated by the FBI and Security Exchange Commission as part of an alleged insider-trading case that also involved investor Carl Icahn and Las Vegas gambler Billy Walters.

Now, the New York Times is quoting unnamed sources as saying that Mickelson was not involved in at least one of the situations being scrutinized.

Investigators reportedly found no evidence that he traded shares of Clorox in 2011 as the company was being pursued by Icahn in an unsolicited takeover bid.


However, Mickelson remains under investigation over well-timed trades involving Dean Foods, a 2012 stock deal that sources told the New York Times netted him about $1 million.

Mickelson has denied any wrongdoing.