Violation Tracker Individual Record

Company: 
AK Steel Corporation Retirement Accumulation Pension Plan
Current Parent Company: 
Cleveland-Cliffs
Penalty: 
$5,751,898
Year: 
2013
Date: 
August 27, 2013
Offense Group: 
employment-related offenses
Primary Offense: 
benefit plan administrator violation
Secondary Offense: 
pension ERISA violation
Violation Description: 

The penalty amount includes $4,422,924 for the plaintiffs and $1,328,974 for their lawyers.

Level of Government: 
federal
Action Type: 
private litigation
Court: 
Southern District of Ohio
Civil or Criminal Case: 
civil
Case ID: 
1:09-cv-0794
Case Name: 
Schumacher v. AK Steel Corporation Retirement Accumulation Pension Plan et al
Private Lawsuit Resolution Type: 
verdict
HQ Country of Parent: 
USA
HQ State of Parent: 
Ohio
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
mining and minerals
Specific Industry of Parent: 
mining
Link to PACER Case Docket (must be logged in): 
Link to Archived Court Document: 
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.