FTC slaps GameStop CEO with $1 million fine over Wells Fargo shares
Briefly

Cohen's actions to influence Wells Fargo's business through communications and suggestions indicated intentions beyond mere investment, violating the Hart-Scott-Rodino Act requirements.
The FTC stated, 'When acquiring the Wells Fargo shares Cohen intended to influence Wells Fargo's business decisions...' confirming the basis for their antitrust concerns.
Read at Fortune
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