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GameStop, Ryan Cohen
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 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 Slapped with $1M Fine over WFC Stock Purchase
Here’s Why FTC Fined GameStop CEO Cohen. The FTC has imposed a $985,320 civil penalty on GameStop CEO Cohen as he did not report the purchase of a significant amount of WFC shar
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,
GameStop CEO Ryan Cohen hits with $1M penalty
The US Federal Trade Commission (FTC) on Wednesday announced that Chairman and CEO of GameStop Corp Ryan Cohen would pay around $1 million civil penalty to settle charges of an antitrust law violation related to his acquisition of Wells Fargo shares.
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.
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.
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.
1d
on MSN
GameStop drops below $20 as investors wait for a Ryan Cohen twist
CEO Ryan Cohen will pay a $985,320 civil penalty to settle charges that his acquisition of Wells Fargo & Company (WFC) shares ...
Shacknews
1d
GameStop (GME) CEO Ryan Cohen fined $985,320 penalty in FTC antitrust law violation settlement
GameStop
(GME) CEO
Ryan
Cohen
violated the Hart-Scott-Rodino Act after failing to file the proper forms before ...
6h
on MSN
Bitcoin Worth $63,000 Pulled In $33 Pack Of Trading Cards At GameStop: 'Mind-Boggling' Story Goes Viral, Highlights Crypto Redemption Card
With a change in its business practices, GameStop Corporation (NYSE:GME) allows CEO Ryan Cohen the ability to buy and sell ...
9d
GameStop: Likely Turning Into An Investment Company, Initiate With 'Strong Sell'
GameStop's ongoing store closures and competition will likely lead to continued revenue decline and operational challenges.
6d
GameStop is just playing with its fans now
Investors might finally have had enough. Shares in GameStop fell 12 per cent on the share sale this week, having risen the ...
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