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 $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.
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.
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Wells Fargo & Co. stock underperforms Wednesday when compared to competitors
The stock's fall snapped a three-day winning streak.
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Man Arrested Wednesday after Tuesday Night Disturbance in Fargo’s Hawthorne Neighborhood
FARGO, N.D. (KVRR/KFGO) -Fargo Police say the suspect of a disturbance in the Hawthorne neighborhood last night has been ...
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Second motorcyclist in as many days facing DUI after crash in Fargo
This is the second crash in as many days that involved allegations of a motorcyclist driving under the influence. Jenna ...
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Motorcyclist seriously injured in Tuesday night crash in Fargo
FARGO (KFGO) – A motorcycle crash in Fargo sent one person to a hospital Tuesday night. The North Dakota Highway Patrol says ...
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City of Fargo Hosts Open House For Proposed Construction of 17th Avenue South
The project would rebuild 17th Avenue South between University Drive and 25th Street. The project would include new water ...
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Utility rates in West Fargo to increase in 2025
The West Fargo City Commission approved the proposed rate increases but made tweaks to the sewer rate, Monday, Sept. 16.
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Wells Fargo Bank Decreases Prime Rate to 8.00 Percent
Wells Fargo Bank, N.A., said today it is decreasing its prime rate to 8.00 percent from 8.50 percent, effective tomorrow, Sept. 19, 2024. About Wells ...
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 ...
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City of Fargo Moves In To Clear Illegal Homeless Camps
Starting today, Fargo plans to start clearing out illegal homeless camps. The camps under the Veterans Bridge have already ...