Ex-Dean Foods chairman, gambler charged for insider trading; Mickelson settles

By Nate Raymond and Jonathan Stempel NEW YORK (Reuters) - U.S. authorities on Thursday charged a former chairman of Dean Foods Co and a professional Las Vegas gambler with engaging in an insider trading scheme that netted more than $40 million and included a tip that benefited professional golfer Phil Mickelson. William "Billy" Walters, who has built a multimillion-dollar fortune as a famed Las Vegas sports bettor, was accused in an indictment filed in Manhattan federal court of trading on tips from Thomas Davis, Dean Foods' former chairman. "These bets were no gamble at all," Manhattan U.S. Attorney Preet Bharara said.

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