Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Coca-Cola Consolidated, Inc.
Current Parent Company: Coca-Cola Consolidated
Penalty: $3,500,000
Year: 2022
Date: August 2, 2022
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Coca-Cola Consolidated agreed to pay $3.5 million to settle litigation accusing the compny of including overly risky options in its retirement plan and charging excessive fees.
Level of Government: federal
Action Type: private litigation
Court: Western District of North Carolina
Civil or Criminal Case: civil
Case ID: 3:20cv654
Case Name: Jones et al v. Coca-Cola Consolidated, Inc. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: beverages
Specific Industry of Current Parent: beverages
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
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.