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GameStop, Ryan Cohen
GameStop CEO Cohen to Pay Nearly $1 Million for Alleged Wells Fargo Securities-Acquisition Violation
After acquiring the shares, Cohen had periodic communications with Wells Fargo’s leadership regarding ways to improve the bank’s business and to advocate for a potential board seat, the FTC said.
Gamestop CEO Fined $1 Million by FTC Over Wells Fargo Shares
Gamestop Corp. Chief Executive Officer Ryan Cohen will pay almost a $1 million penalty over allegations that he violated antitrust law with his acquisition of shares in Wells Fargo & Co.
GameStop CEO Cohen to pay $1 million fine over Wells Fargo stock buy
GameStop CEO Ryan Cohen agreed to pay a nearly $1 million penalty to settle the U.S. Federal Trade Commission's claim that he failed to report acquisition of more than $100 million worth of Wells Fargo & Co voting shares,
Ryan Cohen’s $985K Penalty: FTC Cracks Down on HSR Act Violations in Wells Fargo Deal!
In a recent settlement with the Federal Trade Commission (FTC), Ryan Cohen, founder of Chewy and current Chairman and CEO of GameStop Corp., has agreed to pay
GameStop CEO Ryan Cohen Penalized Nearly $1M Over Wells Fargo Share Acquisition
On Wednesday, the Federal Trade Commission said Ryan Cohen, managing partner of RC Ventures and Chairman and CEO of GameStop Corporation (NYSE:GME), will pay a $985,320 civil penalty. This fine stems from charges that Cohen violated the Hart-Scott-Rodino Act by failing to file the necessary paperwork during his acquisition of shares in Wells Fargo & Company (NYSE:WFC).
GameStop CEO Fined $1M for Failing to Disclose Wells Fargo Investment
Ryan Cohen had amassed more than $100 million in Wells Fargo shares, the threshold for disclosure under the Hart-Scott-Rodino Act. But he didn''t submit the required filing until January 2023.
FTC slaps GameStop CEO with $1 million fine over Wells Fargo shares
Cohen agreed to the settlement with the FTC without admitting any wrong doing. The settlement isn’t final until a federal judge approves it.
FTC Release: GameStop CEO Ryan Cohen to Pay Nearly $1 Million Penalty to Settle Antitrust Law Violation
Today, the Federal Trade Commission announced that Ryan Cohen, managing partner of RC Ventures, LLC, and Chairman and CEO of GameStop Corp., will pay a $985,320 civil penalty to settle charges that his acquisition of Wells Fargo & Company (Wells Fargo) shares violated the Hart-Scott-Rodino (HSR) Act.
JD Supra
21m
FTC Issues $1 Million Civil Penalty for HSR Act Violation
On September 18, 2024, the FTC announced that Ryan Cohen, chief executive officer and chairman of GameStop, has agreed to a ...
Shacknews
16h
GameStop (GME) completes at-the-market 20 million shares offering raising $400 million of cash
GameStop intends to use the net proceeds for business purposes, which may include acquisitions and investments.
4d
on MSN
GameStop Stock Stuck In Level-Up Limbo: Can It Shake Off The Bearish Trend?
GameStop Corp‘s (NYSE:GME) stock price is up 17.04% year-to-date but down 12.43% over the past month. The Federal Trade ...
JD Supra
1h
More than Just Mergers: Individual Shareholder Fined Nearly $1 Million for HSR Violation
On September 18, 2024, the Federal Trade Commission (FTC) announced that Ryan Cohen, an entrepreneur and the current chairman and CEO of ...
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