Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Nick Penachio Co.
Penalty: $8,400,000
Year: 2001
Date: August 29, 2001
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: bid-rigging
Violation Description: Nick Penachio Co. of the Bronx, NY, was sentenced to pay a $4.2 million fine and ordered to pay $4.2 million in restitution as a result of its conviction for bid rigging and other crimes associated with its role in a scheme to rig bids on more than $200 million of food contracts awarded by the New York City Board of Education and other government agencies.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
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.