FTC fines Capital One CEO for failing to file stock transaction

Richard Fairbank incurs $637,950 civil penalty over alleged Hart-Scott-Rodino Act violation

Published September 2, 2021 by Katherine Schulte

The Federal Trade Commission fined McLean-based Capital One Financial Corp. CEO Richard Fairbank a $637,950 civil penalty for violating antitrust laws in finalizing stock acquisitions, the FTC announced Thursday. The…