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Violation Tracker Individual Record

Company: Akzo Nobel
Current Parent Company: Carlyle Group
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
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Penalty: $7,500,000
Year: 2001
Date: July 19, 2001
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Akzo Nobel agreed to pay $7.5 million to settle litigation alleging it participated in a conspiracy to fix the price of vitamin B4.
Level of Government: federal
Action Type: private litigation
Court: District of the District of Columbia
Civil or Criminal Case: civil
Case ID: 1:99mc197 MDL 1285
Case Name: In re: Vitamins Antitrust, et al v. Lead Defendants
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: District of Columbia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: private equity (including portfolio companies)
Specific Industry of Current Parent: private equity (including portfolio companies)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.