Phil Mickelson to pay SEC for profit he made on inside stock tip – CNNMoney

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Mickelson returns $931,000 profit on stock sale

Golfer Phil Mickelson will pay the Securities and Exchange Commission more than $1 million for profit he made on an insider stock tip.

Two other individuals allegedly involved in the insider trading case with Mickelson are Las Vegas investor and gambler Billy Walters and Thomas Davis, the former chairman of Dean Foods. Walters and Davis were named in federal criminal indictments unsealed Thursday.