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Violation Tracker Individual Record

Company: American Securities LLC
Current Parent CompanyAmerican Securities LLC
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $13,000,000
Year: 2019
Date: September 26, 2019
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: American Securities, former owner of General Chemical Corporation, agreed to pay $13 million to direct purchasers to settle its role in litigation alleging a conspiracy to rig the price of water treatment chemicals.
Level of Government: federal
Action Type: private litigation
Court: District of New Jersey
Civil or Criminal Case: civil
Case ID: 2:16md2687
Case Name: Liquid Aluminum Sulfate Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: privately held
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.