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Stock impact report

Sanctions Against Russian Billionaires Fridman, Aven Aren't Justified, EU Court Rules [Forbes]

Adtalem Global Education Inc. (ATGE) 
Last adtalem global education inc. earnings: 2/4 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investors.adtalem.com
Company Research Source: Forbes
Wednesday the EU's moves were unjustified, though they still face financial sanctions from the bloc amid allegations they financially supported Russia's invasion of Ukraine. A court determined there was insufficient evidence tying the billionaires to prominent Russian ... [+] decision-makers. The European Court of Justice ruled Wednesday that Fridman and Aven would be removed from the bloc's list of persons who faced sanctions between February 2022 and March 2023—though they are still under EU sanctions because the block approved a six-month extension in a separate decision last month. The court said there was insufficient evidence that Fridman and Aven supported or profited from Russia's invasion of Ukraine. There is some evidence linking Fridman and Aven to Russian President Vladimir Putin, his entourage and other prominent Russian decision-makers, though the evidence does “not demonstrate” they benefited from those relationships, the court said. Kremlin spokesperson Dmitr Show less Read more
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