  We present a measurement of the decay amplitudes and triple-product
correlations in B -> phi K^* decays based on 140 fb^-1 of data recorded at the
Upsilon(4S) resonance with the Belle detector at the KEKB e^+ e^- storage ring.
The decay amplitudes for the different phi K^* helicity states are measured
from the angular distributions of final state particles in the transversity
basis. The longitudinal and transverse complex amplitude moduli and angles are
|A_0|^2 = 0.51 +- 0.06 +- 0.04, |A_perp|^2 = 0.24 +- 0.06 +- 0.03,
arg(A_parallel) = -2.21 +- 0.22 +- 0.05 rad, and arg(A_perp) = 0.72 +- 0.21 +-
0.06 rad. The T-violating asymmetries through triple-product correlations are
measured to be consistent with zero.
