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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 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 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 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,
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.
16h
on MSN
GameStop Corp. Cl A stock outperforms competitors on strong trading day
Shares of GameStop Corp. Cl A surged 11.99% to $21.85 Friday, on what proved to be an all-around mixed trading session for ...
3d
on MSN
GameStop closing even more stores in 2024 after closing 287 locations in a year
This is not the first round of closures the company has done. In 2020, the company announced it would close 450 stores after ...
2d
on MSN
GameStop drops below $20 as investors wait for a Ryan Cohen twist
GameStop ( NYSE: GME) CEO Ryan Cohen has been at the center of several recent legal actions, even as shares of the video game ...
2d
on MSN
GameStop Corp. Cl A stock underperforms Wednesday when compared to competitors
Shares of GameStop Corp. Cl A slid 2.53% to $19.65 Wednesday, on what proved to be an all-around poor trading session for the ...
3d
GameStop prepares to shutter even more stores
STATEN ISLAND, N.Y. -- After closing 287 stores in 2023, GameStop has announced that it is anticipating the closure of a ...
23h
on MSN
Jim Cramer Says GameStop’s (GME) Core Business ‘Doesn’t Matter Anymore’
Stocks to Watch in September. Since GameStop Corp (NYSE:GME) ranks 9th on the list, it deserves a deeper look. Jim Cramer ...
23h
Did Anyone Notice GameStop Reinvented Itself On The Latest Kitty Call? (Rating Upgrade)
GameStop now sports $4.2 billion in cash, after raising new capital on Roaring Kitty's Meme call for higher stock prices in ...
2d
GameStop's Options Frenzy: What You Need to Know
Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating ...
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