Phil Mickelson named in insider trading lawsuit, reportedly agrees to return money – https://t.co/XloIYvFUZ2https://t.co/6G3ynvBIy8
— GOLF.com (@golf_com) May 19, 2016
The Golf Blog says: Phil Mickelson has a reputation for being a gambler, on and off the golf course. Well, his gambling debt finally caught up to him. According to reports, Phil Mickelson owed money for a gambling debt owed to professional gambler Billy Walters. To help pay it off, he bought $2.4 million in Dean Foods on July 30-31, 2012 based on inside information about Dean Foods from Billy Walters, who had received the inside information from former Dean CEO Thomas Davis.