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FILE PHOTO: New York Knicks buyer James Dolan speaks during a account appointment announcement Knicks acting arch drillmaster Mike Woodson will be demography over the aggregation from arch drillmaster Mike D’Antoni, who mutually agreed to allotment means with the aggregation afore their NBA basketball bold adjoin the Portland Trail Blazers, at Madison Square Garden in New York, March 14, 2012. REUTERS/Adam Hunger

RIVERPARK FARM [NEW YORK CITY, USA] | The Secret Garden Atlas - garden usa

RIVERPARK FARM [NEW YORK CITY, USA] | The Secret Garden Atlas – garden usa | garden usa

WASHINGTON (Reuters) – The arch controlling of the Madison Square Garden Co (MSG.N), buyer of the New York Knicks and New York Rangers sports teams, has agreed to pay about $610,000 to boldness U.S. balance violations that he said stemmed from a law close error.

James Dolan, who additionally serves as controlling chairman, bootless “to address in a appropriate address his accretion of voting securities,” the Federal Trade Commission said in a account on Thursday, abacus that it “was not Dolan’s aboriginal … filing violation.”

RIVERPARK FARM [NEW YORK CITY, USA] | The Secret Garden Atlas - garden usa

RIVERPARK FARM [NEW YORK CITY, USA] | The Secret Garden Atlas – garden usa | garden usa

The FTC said Dolan did not acquaint the bureau and the U.S. Department of Justice in a appropriate address back his balance accomplished a assertive dollar bulk beginning and did not beam a appropriate cat-and-mouse period.

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In a statement, the aggregation said Dolan had relied on the law close Debevoise & Plimpton to handle the filings. The close had “inadvertently missed” the filing borderline for a additional time, triggering the fine, but agreed to pay the accomplished because of its mistake, the aggregation added.

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Great British Gardens: Sissinghurst Castle Garden – The … – garden usa | garden usa

The adjustment charge be accustomed by a federal cloister in Washington afterwards a 60-day animadversion period, regulators said.

Madison Square Garden Co additionally owns its namesake area in Midtown Manhattan, the New York Liberty basketball team, Radio City Music Hall and its Radio City Rockettes.

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Great British Gardens: Sissinghurst Castle Garden – The … – garden usa | garden usa

Shares of the aggregation were up beneath than 1 percent in aboriginal afternoon trading.

Reporting by Susan Heavey; alteration by Mohammad Zargham and Steve Orlofsky

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RIVERPARK FARM [NEW YORK CITY, USA] | The Secret Garden Atlas – garden usa | garden usa

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