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What will be the next major action taken by the FTC against Ryan Cohen by December 31, 2024?
3
Resolution / Starting Odds
Additional fines • 25%
Cease and desist order • 25%
No further action • 25%
Other • 25%
Official FTC announcements
Story
GameStop CEO Ryan Cohen Fined Nearly $1 Million by FTC for Antitrust Violation $GME
Sep 18, 2024, 03:34 PM
The U.S. Federal Trade Commission (FTC) has fined GameStop CEO Ryan Cohen nearly $1 million for violating antitrust laws. Cohen, who is also the managing partner of RC Ventures, failed to file a Hart-Scott-Rodino (HSR) form after acquiring over 562,000 shares of Wells Fargo. The penalty aims to settle the antitrust law violation. The announcement was made on September 18, 2024, and involves GameStop's stock symbol $GME.
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Fine Paid • 25%
Fine Appealed • 25%
Fine Reduced • 25%
Other • 25%
Antitrust • 25%
Securities violation • 25%
Financial misreporting • 25%
Other • 25%
Additional FTC penalties • 25%
Private lawsuits • 25%
No further actions • 25%
Other • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Tesla • 25%
Amazon • 25%
Microsoft • 25%
Other • 25%
Yes • 50%
No • 50%
Increases Wells Fargo holdings • 25%
Decreases Wells Fargo holdings • 25%
No change in Wells Fargo holdings • 25%
Divests completely from Wells Fargo • 25%
Appeal the Texas Judge's decision • 25%
Propose a revised noncompete ban • 25%
Drop the noncompete ban initiative • 25%
Other • 25%