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Violation Tracker Individual Record

Company: Ford Motor Company
Current Parent CompanyFord Motor
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $1,475,000
Year: 2011
Date: February 15, 2011
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: In the settlement, Ford Motor agreed to make changes in a savings and stock investment plan for salaried employed and pay $1.475 million to the plaintiffs' lawyers but there was no cash payment to the plaintiffs.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:06-cv-11718
Case Name: In re Ford Motor Company Erisa Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Michigan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.