Gabelli Settles Investor Dispute For $100M
Gabelli will pay Frederick J. Mancheski and David Perlmutter in a combination of equity and cash, including about 2.1 million shares of Gamco Investors Inc., Gabelli’s money-management firm, worth about $80 million and corresponding to the shares they held in GGCP.
The investors will also receive about $20 million in cash compensation.
When the Gamco...
To view the full article, register now.