Asset Manager Settles $130M Suit

July 2006
Investment Management Weekly;7/17/2006, Vol. 19 Issue 28, p1
Talks about the agreement of Mario Gabelli, head of Gamco Investors Co., to pay U.S.$130 million to settle charges of fraudulent bidding in wireless spectrum license auctions done by the U.S. Federal Communications Commission. Amount from the settlement that will be received by whistleblower Rufus Taylor.


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