A Las Vegas gambler linked to golfer Phil Mickelson was sentenced Thursday to five years in prison on insider trading charges.
Southern District Judge P. Kevin Castel rejected a recommendation that William “Billy” Walters serve only a year in prison, but imposed a sentence less than the eight-year minimum called for by federal sentencing guidelines. He also fined him $10 million.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
