Controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2007
Securities and Exchange Commission investigation
GAMCO offered to settle an SEC investigation for $3 million. The available reference does not specify the underlying allegations or final procedural details.
2006
Dispute over the sale value of private-company shares
A judge determined that Mario Gabelli had unfairly prevented Frederick J. Mancheski and David M. Perlmutter from selling shares in Gabelli Group Capital Partners at fair market value. A settlement involved shares and cash.
2006
Department of Justice wireless-spectrum investigation
The Department of Justice conducted a civil investigation into whether Gabelli had deliberately deceived the FCC during bidding for portions of the wireless spectrum. Gabelli and the company agreed to a settlement.
1992
Federal Communications Commission investigation
Mario Gabelli and GAMCO were investigated by the FCC in a matter that was later settled. The available reference does not provide enough detail to characterize the allegations further.