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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 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 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 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 violated the Hart-Scott-Rodino Act. According to the complaint, Cohen, who is also the founder and former CEO of Chewy (CHWY),
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.
Shacknews
2h
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.
8h
Roaring Kitty’s Net Worth Includes More Than Just GameStop Stock
Keith Gill, the former financial analyst known online as "Roaring Kitty," is credited for driving the GameStop stock surge in ...
1d
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 ...
Shacknews
5d
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 ...
13d
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.
Benzinga.com
4d
GameStop CEO Ryan Cohen Penalized Nearly $1M Over Wells Fargo Share Acquisition
Ryan
Cohen
fined $985,320 for violating the Hart ... triggering the need for federal antitrust agencies to review the deal. Also Read:
GameStop
Analyst Says Retailer Could Close All Stores ...
3d
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 ...
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