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FTC - Federal Trade Commission

09/20/2024 | Press release | Distributed by Public on 09/20/2024 08:17

Ryan Cohen, US v. In September 2024, the FTC announced that Ryan Cohen, managing partner of RC Ventures, LLC, and Chairman and CEO of GameStop Corp., will pay a $985,320 civil[...]

Tags:

Last Updated

September 20, 2024

Case Status

Pending

UNITED STATES OF AMERICA, Department of Justice, Plaintiff, v. RYAN COHEN, RC Ventures, LLC, Defendant.

Civil Action Number

1:24-cv-02670

Federal Court

District of Columbia

Case Summary

In September 2024, the FTC 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 shares violated the Hart-Scott-Rodino Act.