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Company: Invista S.ar.l.
Current Parent Company:
Koch Industries
Parent at the Time of the Penalty Announcement:
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Penalty: $33,000,000
Year: 2008
Date: June 24, 2008
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal:
Price Fixing
Violation Description: Invista agreed to pay $33 million to settle its role in litigation concerning price fixing of polyester staple fiber.
Level of Government: federal
Action Type: private litigation
Court: Western District of North Carolina
Civil or Criminal Case: civil
Case ID: 3:03cv1516
Case Name: In re: Polyester Staple Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Kansas
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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