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Violation Tracker Individual Record

Company: American Honda Finance Corp.
Current Parent Company: Honda
Penalty: $7,793,000
Year: 2005
Date: April 18, 2005
Offense Group: consumer-protection-related offenses
Primary Offense: discriminatory practices (non-employment)
Violation Description: To resolve allegations that it discriminated against minority customers, Honda agreed to reform its practices and pay a total of more than $7 million, consisting of $150,000 for class representatives; $6,743,000 for plaintiffs' legal fees and expenses; and $900,00 for consumer education programs.
Level of Government: federal
Action Type: private litigation
Court: Middle District of Tennessee
Civil or Criminal Case: civil
Case ID: 3:02-cv-0490
Case Name: Willis, et al v. American Honda Finance Corp.
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.