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Violation Tracker Current Parent Company Summary

Current Parent Company Name: General Electric
Ownership Structure: publicly traded (ticker symbol NYSE: GE)
Headquartered in: Massachusetts
Major Industry: diversified
Specific Industry: diversified
Penalty total since 2000$1,985,528,629
Number of records: 108
Top 5 Offense Groups (Groups Defined)Penalty TotalNumber of Records
financial offenses$1,752,785,1285
employment-related offenses$121,121,65817
environment-related offenses$39,500,52236
competition-related offenses$35,130,30011
government-contracting-related offenses$32,743,2045
Top 5 Primary Offense TypesPenalty TotalNumber of Records
toxic securities abuses$1,500,000,0001
accounting fraud or deficiencies$250,000,0002
benefit plan administrator violation$101,250,0024
environmental violation$39,500,52236
Foreign Corrupt Practices Act$33,900,0002
Notes: Parent-subsidiary linkages are based on relationships current as of the latest revision listed in the Update Log, which may vary from what was the case when a violation occurred. The penalty totals are adjusted to account for the fact that the individual entries below may include both agency records and settlement announcements for the same case; or else a penalty covering multiple locations may be listed in the individual records for each of the facilities. The totals are also adjusted to reflect cases in which federal and state or local agencies cooperated and issued separate announcements of the outcome. Duplicate or overlapping penalty amounts are marked with an asterisk in the list below.

Links: Subsidy Tracker data on financial assistance to this company by federal, state and local government agencies can be found here.

Individual Penalty Records:

Click on the company or penalty amount for more information on each case.

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CompanyPrimary Offense TypeYear sort iconAgencyPenalty Amount
General Electric Companyeconomic sanction violation2019OFAC$2,718,581
UNISON INDUSTRIES, LLCworkplace safety or health violation2019OSHA$5,000
General Electric Co.accounting fraud or deficiencies2020SEC$200,000,000
GENERAL ELECTRIC COMPANYworkplace safety or health violation2021OSHA$13,653
Mr. Christopher Burich Program Leaderenvironmental violation2021EPA$11,472
GE AerospaceFalse Claims Act and related2023USAO$9,413,024
GE Aerospaceemployment discrimination2024OFCCP$443,000
General Electricbenefit plan administrator violation2024private lawsuit-federal$61,000,000
(*): Penalty amounts marked by an asterisk are ones announced by more than one agency. Parent penalty totals are adjusted to avoid double-counting.