FOOD COMPANY CHAIRMAN GETS 2 YEARS IN PRISON

A former food company executive who admitted feeding inside information to an influential Las Vegas gambler linked to golfer Phil Mickelson was sentenced to two years in prison by a judge who said he was motivated by a desire to seem powerful rather than by greed. “This was a crime that enhanced his status as a peacock,” U.S. District Judge P. Kevin Castel said, ordering Dallasbased Dean Foods Co.’s ex-chairman Thomas Davis, 68, to pay nearly $9 million in restitution and to forfeit nearly $1 million for a conspiracy that ran from at least 2008 through 2014. The judge acknowledged Davis was a pivotal cooperator who testified at trial against gambler William “Billy ” Walters.