Len Blavatnik, Care of Access Industries

Last Updated:
United States of America (For the Commission) v. Len Blavatnik, Care of Access Industries, London, United Kingdom
FTC Matter/File Number:

151 0060

Civil Action Number:

1:15-cv-01631

Enforcement Type:

Civil Penalty (7a)

Federal Court:
District of Columbia

Case Summary

Investor Len Blavatnik has agreed to pay $656,000 in civil penalties to resolve charges that he violated federal premerger reporting laws by failing to report voting shares that he acquired in a California technology start up called TangoMe, in August 2014.