In a unique case, Mr. Mickelson appears to have been given a sweetheart deal.
UPDATE: Golfer Phil Mickelson charged with insider trading by the SEC
Appeals Court Throws Out $1.27 Billion Penalty Against BofA -- 3rd Update
The three-time Masters champion hasn't been accused of wrongdoing, but is named in the complaint involving Dean Foods Co. and gambler William “Billy” Walters.
UPDATE: Golfer Phil Mickelson profited from Dean Foods insider trades, SEC says
INVESTOR ALERT: The Law Offices of Vincent Wong Notifies Investors of Class Action Lawsuit Involving Amaya Inc. and a Lead Plaintiff Deadline of May 24, 2016
Gary Yin, who pleaded guilty to laundering a client's insider trading profits, must pay restitution to Merrill but avoids prison sentence.
Traded on insider corporate tips he got from a middleman who showed him secret notes before chewing and swallowing them at New York's Grand Central Terminal.
Breakfast with Benjamin The banker was caught sharing insider information with his dad, who then used golf jargon to try and disguise the scheme.
In exchange for cooperating in SEC's ongoing case involving a former Morgan Stanley broker and a former law clerk, middleman Frank Tamayo will pay $1 million in ill-gotten gains, regulator says.