Former Formula One supremo Ecclestone charged with UK tax fraud [Reuters]
Liberty Media Corporation - Series A Liberty SiriusXM (LSXMA)
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Source: Reuters
pounds ($477 million) of overseas assets to the British tax authority, prosecutors said on Monday. The Crown Prosecution Service said Ecclestone, 91, faced one count of fraud by false representation. "This follows a complex and worldwide criminal investigation by HMRC's Fraud Investigation Service," said Simon York, Director at the Fraud Investigation Service of Her Majesty's Revenue and Customs (HMRC). Advertisement · Scroll to continue The first hearing in his case is due to be held on Aug. 22 at London's Westminster Magistrates Court. Contacted by Reuters in Ibiza, Ecclestone said he was yet to see the details. "I haven't seen that so I don't know so I can't comment," he said when the statement was read to him. The British billionaire indicated it had not come out of the blue, however. "It's something that has been talked about happening, but not in the way you said, something a little bit different to that, quite a while ago," he said. "They've probably got all exc
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News
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- The Liberty SiriusXM Group (NASDAQ: LSXMA) was downgraded by analysts at Citigroup Inc. from a "buy" rating to a "neutral" rating. They now have a $28.00 price target on the stock, down previously from $35.00.MarketBeat
- CVC IPO Offers Glimpse Into Private Equity Giant's Sports Strategy [Yahoo! Finance]Yahoo! Finance
- Sirius XM (SIRI) Rises Higher Than Market: Key Facts [Yahoo! Finance]Yahoo! Finance
LSXMA
Sec Filings
- 4/25/24 - Form DEF
- 4/25/24 - Form ARS
- 4/17/24 - Form SC
- LSXMA's page on the SEC website