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.
FTC slaps GameStop CEO with $1 million fine over Wells Fargo shares
Cohen agreed to the settlement with the FTC without admitting any wrong doing. The settlement isn’t final until a federal judge approves it.
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 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 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 Slapped with $1M Fine over WFC Stock Purchase
Here’s Why FTC Fined GameStop CEO Cohen. The FTC has imposed a $985,320 civil penalty on GameStop CEO Cohen as he did not report the purchase of a significant amount of WFC shar
Newly freed from federal restrictions, Wells Fargo agrees to shore up crime risk detection
Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal ...
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 ...
Gibbs Bruns Safeguards $38M Judgment for Occidental Against Wells Fargo
A series of miscommunications between Wells Fargo and Occidental Petroleum's agent led to a delay in the sale of stock and an ...
Wells Fargo's New Enforcement Action Pushes Back The Asset Cap Lifting Timeline (Rating Downgrade)
Wells Fargo's ongoing regulatory issues, including a recent OCC enforcement action, delay the likelihood of the Federal ...
Don't see an unwinding in Yuan carry trade, 'worst is possibly over' for its offshore currency: Wells Fargo
Chidu Narayanan of Wells Fargo Securities shares three reasons why he does not see the Yuan carry trade unwinding and says ...
Wells Fargo Can Defend 401(k) Plan Forfeiture Usage in Minnesota
Wells Fargo & Co. can send a lawsuit over how it handles forfeited money in its employees’ 401(k) plan to federal court in ...
Wells Fargo announces another round of layoffs in October and November in West Des Moines
A notice Wells Fargo filed with the state says more layoffs are planned at its Jordan Creek campus in West Des Moines.
Wells Fargo's Rehling: Fixed income investors should look for opportunities to take risks in markets
Brian Rehling, Wells Fargo Investment Institute head of global fixed income strategy, joins CNBC's 'Money Movers' to discuss ...
UnitedHealth to Settle Wells Fargo 401(k) Funds Class Action
UnitedHealth Group Inc. struck a tentative deal to settle a class action challenging the Wells Fargo & Co. target date funds ...
Wells Fargo's latest regulatory rebuke may prolong asset cap punishment, analysts say
Wells Fargo's latest regulatory rebuke for insufficient efforts to combat money laundering will probably prolong another ...
Wells Fargo stock drops after US regulator issues enforcement action for money laundering
The Office of the Comptroller of the Currency, a top banking regulator in the United States, said Thursday it has issued an ...
Stevie Wonder to perform at Wells Fargo Center in Philadelphia this October
Stevie Wonder is playing in Philadelphia next month. The 25-time Grammy award-winning artist will perform at the Wells Fargo ...