GameStop, Ryan Cohen
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 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 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.
GameStop drops below $20 as investors wait for a Ryan Cohen twist
CEO Ryan Cohen has been at the center of several recent legal actions, even as shares of the video game retailer drop below $20. Will Cohen represent another distraction as the sometime meme stock looks to chart an uncertain future?
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 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 ...
Shacknews15h
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 completing ...
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 ...
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 ...
GameStop prepares to shutter even more stores after disappointing second quarter
GameStop has announced that it will be closing even more brick-and-mortar locations in the coming year, after a disappointing earnings report.
What You Need to Know Ahead of GameStop Earnings Tuesday
GameStop reports earnings after markets close Tuesday, with analysts expecting lower sales and a larger net loss than in the ...
GameSpot7d
GameStop Makes A Surprise Profit, Warns Of Impending Store Closures
GameStop has reported earnings for the quarter that ended on August 3, and, to the surprise of some, the retailer has turned ...
Taste of Country on MSN5d
GameStop Announces Many Locations Will Shut Down Across America: Here’s Why
Uncover the challenges Gamestop is grappling with in the digital era as physical game copies lose popularity. Explore the ...