Barry Diller Settles FTC Stock Reporting Case

Law360, New York (July 2, 2013, 3:36 PM EDT) -- Media mogul Barry Diller has agreed to pay $480,000 to settle Federal Trade Commission charges that he violated premerger filing requirements in acquiring nearly 1 million shares in The Coca-Cola Co., the FTC and the U.S. Department of Justice announced Tuesday.

According to a civil complaint filed Tuesday in D.C. federal court, Diller's purchases between November 2010 and April 2012 put him over the premerger reporting thresholds for voting securities under the Hart-Scott-Rodino Act, but he did not report the transactions as required by the law....
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