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Violation Tracker Individual Record

Company: Ferro Corporation
Current Parent Company: American Securities LLC
Penalty: $5,500,000
Year: 2007
Date: December 19, 2007
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Ferro agreed to pay $5.5 million to direct purchaser plaintiffs to settle its role in litigation concerning price fixing of plastics additives.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Pennsylvania
Civil or Criminal Case: civil
Case ID: 2:03cv2038
Case Name: In re: Plastics Additives Antitrust Litigation MDL 1684
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: private equity (including portfolio companies)
Specific Industry of Current Parent: private equity (including portfolio companies)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.