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Investor Diller penalized for Coke securities buy -U.S. Justice
July 2, 2013 / 3:51 PM / in 4 years

Investor Diller penalized for Coke securities buy -U.S. Justice

WASHINGTON, July 2 (Reuters) - The U.S. Justice Department said on Tuesday it had reached a proposed settlement with Barry Diller related to allegations that the investor violated antitrust notification requirements when he acquired voting securities of Coca-Cola Co.

Diller will pay a $480,000 civil penalty for the alleged violation, the Justice Department said in a statement announcing the settlement’s filing in federal court.

Diller is chairman of media conglomerate IAC/InterActivecorp . (Reporting by David Ingram; Editing by Gerald E. McCormick)

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