On January 7, 2025, the U.S. Department of Justice (DOJ) filed suit against three Texas-based crude oil companies—XCL Resources Holdings, LLC (XCL), Verdun Oil Company II, LLC (Verdun), and EP Energy LLC (EP)—alleging...more
1/14/2025
/ Acquisitions ,
Antitrust Violations ,
Civil Monetary Penalty ,
Contract Terms ,
Department of Justice (DOJ) ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Gun-Jumping ,
Hart-Scott-Rodino Act ,
Mergers ,
Oil & Gas ,
Pre-Merger Filing Requirements ,
Purchase Agreement
On September 18, 2024, the Federal Trade Commission (FTC) announced that Ryan Cohen, an entrepreneur and the current chairman and CEO of GameStop Corp., has agreed to pay $985,320 to settle charges that his acquisition of...more
9/24/2024
/ Acquisitions ,
Civil Monetary Penalty ,
Enforcement Actions ,
Federal Trade Commission (FTC) ,
Filing Requirements ,
Hart-Scott-Rodino Act ,
Investment-Only Exemption ,
Personal Liability ,
Shareholders ,
Stock Purchase Agreement ,
Threshold Requirements ,
Voting Securities ,
Wells Fargo