FTC says Gamestop CEO Cohen to pay nearly $1 million penalty-February 2024-www.financetom.com

FTC says Gamestop CEO Cohen to pay nearly $1 million penalty

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FTC says Gamestop CEO Cohen to pay nearly $1 million penalty

Sep 21, 2024 4:16 AM

WASHINGTON, Sept 18 (Reuters) - The U.S. Federal Trade

Commission said on Wednesday that Ryan Cohen, managing partner

of RC Ventures LLC and Gamestop ( GME ) CEO, would pay a nearly $1

million penalty to settle an antitrust law violation related to

his acquisition of Wells Fargo & Co ( WFC ) shares.

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