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Violation Tracker Individual Record

Company: AK Steel Retirement
Current Parent CompanyCleveland-Cliffs
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Penalty: $52,834,204
Year: 2006
Date: March 29, 2006
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: The penalty total includes $51,459,920 for the plaintiffs and $1,374,284 for their lawyers. The verdict was appealed to the 6th Circuit, which upheld the verdict in case 06-3442, and to the U.S. Supreme Court, which denied the petition for a writ or certiori.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Ohio
Civil or Criminal Case: civil
Case ID: 1:02-cv-0001
Case Name: West v. AK Steel Retirement, et al
Private Lawsuit Resolution Type: verdict
HQ Country of Current Parent: USA
HQ State of Current Parent: Ohio
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: mining and minerals
Specific Industry of Current Parent: mining
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.