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

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)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below