I never gave inside information, never met Phil Mickelson: Carl Icahn

Icahn, 78, has "never given out inside information," he said. "We are always very careful to observe all legal requirements in all of our activities."

I never gave inside information, never met Phil Mickelson: Carl Icahn
Billionaire investor Carl Icahn said he’s not aware of any investigation involving him and golfer Phil Mickelson regarding trades related to Clorox and Dean Foods, and called a report by the Wall Street Journal "completely irresponsible".

"I never purchased or have been involved in any way with Dean Foods," Icahn said in a telephone interview. "While I have obviously heard of Phil Mickelson, I have never spoken to him or met him."

Icahn, Mickelson and sports gambler William Walters are targets of an insider-trading probe by US authorities, the Wall Street Journal reported May 30, citing sources.

The probe is looking at large option trades in the days before Icahn’s $10.2 billion offer for Clorox in July 2011, as well as trading patterns related to Dean Foods, the WSJ said.

The FBI and the SEC are looking into whether Mickelson and Walters traded illicitly on nonpublic information from Icahn about his investments in public companies, the Journal reported, citing the sources.

Icahn, 78, has "never given out inside information," he said. "We are always very careful to observe all legal requirements in all of our activities. We believe that making inflammatory and speculative statements, especially when we’ve had an unblemished record for 50 years, is completely irresponsible on the part of the Wall Street Journal."
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Mickelson, 43, denied any wrongdoing and said he is cooperating with the government. "I have done absolutely nothing wrong," Mickelson said in a statement. "I have cooperated with the government in this investigation and will continue to do so."

Mickelson and Walters placed their trades about the same time in 2011, the AP reported, citing a federal official. Investigators are examining whether Icahn shared information on the Clorox takeover attempt with Walters, and whether Walters subsequently shared this with Mickelson, according to AP.
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