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Violation Tracker Individual Record

Company: Smithfield Foods Inc.
Current Parent Company: WH Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $2,000,000
Year: 2004
Date: November 10, 2004
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: premerger notification violation
Violation Description: Smithfield Foods Inc. agreed to pay a $2 million civil penalty to settle charges that the company twice failed to comply with premerger notification requirements before making certain acquisitions of stock of its competitor, IBP Inc.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: civil
HQ Country of Current Parent: China
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: food products
Specific Industry of Current Parent: meatpacking
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.