Mickelson cooperating with FBI in trading probe

Jun 1, 2014

Mickelson cooperating with FBI in trading probe

Hall of Fame golfer Phil Mickelson confirmed that FBI agents investigating insider trading approached him this week at the Memorial tournament. The five-time major champion said Saturday he has done “absolutely nothing wrong.” A federal official briefed on the investigation told AP that the ...

Hedge fund giant slapped with largest-ever insider trading fine

Nov 5, 2013

Hedge fund giant slapped with largest-ever insider trading fine

SAC Capital Advisors will plead guilty to criminal fraud charges, stop investing money for others and pay $1.8 billion — the largest financial penalty in history for insider trading — to resolve criminal and civil claims against the hedge fund giant, the government announced ...