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Violation Tracker Individual Record

Company: Hearst Corp.
Current Parent Company: Hearst
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $4,000,000
Year: 2001
Date: October 11, 2001
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: premerger notification violation
Violation Description: The Hearst Corporation and its parent, The Hearst Trust, agreed to pay $4 million to settle charges that the company failed to produce key documents before undertaking an acquisition subject to pre-merger review.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: civil
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: media
Specific Industry of Current Parent: media
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.