Phil Mickelson's lawyer says that he is \"innocent of any wrongdoing\" in the case. <\/p>\n
Getty Images <\/p>\n
Phil Mickelson won't be called to testify in the insider-trading case involving gambler Billy Walters because he would invoke the Fifth Amendment.Bloomberg reports that Mickelson would make use of his rights under the amendment, which protects against self-incrimination, to avoid testifying. <\/p>\n
\"He is on our witness list, but we understand from his counsel he would invoke his Fifth Amendment if called,\" said Barry Berke, one of the lawyers in the case. <\/p>\n
Walters is accused of making $43 million using insider trading tips from Tom C. Davis, who was the chairman of Dean Foods Co. Walters was a golfing buddy of Mickelson's and passed some of these tips to Mickelson, who used them to make $931,000. Mickelson has since said he will repay this money. The government did not accuse Mickelson of committing a crime or of knowing that the tips he'd received were from an inside source. <\/p>\n
On March 22, the Associated Press reported that Mickelson believed he would not be called to testify in the trial. <\/p>\n
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See original here: Phil Mickelson's lawyer says that he is \"innocent of any wrongdoing\" in the case. Continue reading
\nReport: Phil to invoke Fifth Amendment if asked to testify in insider-trading case - Golf.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"