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Violation Tracker Individual Record

Company: McWane, Inc.
Current Parent CompanyMcWane
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Penalty: $10,000,000
Year: 2017
Date: May 26, 2017
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: McWane Inc., Charlotte Pipe and Foundry Company and Cast Iron Soil Pipe Institute together agreed to pay $30 million to direct purchaster plaintiffs to settle allegations of price fixing of cast iron soil pipes and fittings. Court documents did not specify how much each would pay. Here we assume they each paid an equal share.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Tennessee
Civil or Criminal Case: civil
Case ID: 1:14md2508
Case Name: In re: Cast Iron Soil Pipe And Fittings
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Alabama
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: miscellaneous manufacturing
Specific Industry of Current Parent: plumbing supplies
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.