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,
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 $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 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.
FTC says Gamestop CEO Cohen to pay nearly $1 million penalty
The U.S. Federal Trade Commission said on Wednesday that Ryan Cohen, managing partner of RC Ventures LLC and Gamestop CEO, would pay a nearly $1 million penalty to settle an antitrust law violation related to his acquisition of Wells Fargo & Co 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 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),
Wells Fargo & Co. stock underperforms Wednesday when compared to competitors
The stock's fall snapped a three-day winning streak.
Morgan Stanley Loses $1.8 Billion Team to Wells Fargo FiNet
Advisor Frank Devincentis said his team joined Wells Fargo’s independent broker-dealer to fulfill a long-term goal of owning ...
Worrell Wealth Management Group of Wells Fargo Advisors
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Wells Fargo Lowers Price Target For Amazon.com, Inc. (AMZN) And Keeps An Overweight Rating
We recently compiled a list of the 19 Trending AI Stocks on Latest Analyst Ratings and News. In this article, we are going to ...
What credit score do you need to get the Wells Fargo Reflect?
With a new Wells Fargo Reflect® Card, you’ll receive an amazing 21 months of 0% intro APR from the date the account is opened ...
Wells Fargo sees further rally in home improvement stocks if Fed sets measured guidance
Home improvement stocks appear on the cusp of advancing further if the Federal Reserve delivers firm forward policy guidance, ...
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Wells Fargo Introduces New APIs for Commercial Banking Clients
WFC launches APIs for its commercial banking clients, boosting order processing, inventory planning, invoicing, technology ...
Wells Fargo Fails to Shake $38 Million Judgment Over Stock Sale
Occidental Petroleum convinced the Fifth Circuit to uphold a $38 million judgment against Wells Fargo & Co. over the bank’s ...
Wells Fargo Awards $1.2 Million to Rebuilding Together to Rehab Aging Homes
Miami HEAT legend Udonis Haslem joins Wells Fargo to support housing access and affordability in his hometown MIAMI, FL / ACCESSWIRE / September 18, 2024 / The Wells Fargo Foundation is donating more ...