Mario Gabelli has settled his fraud suit for $100,000,000. This is his second settlement of that size in two months. Last month he settled with an initial investor in his holding company. This case was a disagreement as to the fair value of the holding company and, naturally, the investor's stake in it. Yesterday he settled fraud charges I wrote about last week.
1 comment:
Check your facts nitz -- the settlement figure has not been released yet and it is not 100 mil -- it is significantly higher.
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