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Violation Tracker Individual Record

Company: Cypress Semiconductor Corp.
Current Parent Company: Infineon Technologies
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $6,250,000
Year: 2011
Date: June 30, 2011
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Cypress agreed to pay more than $6 million to direct purchaser plaintiffs to settle litigation involving price fixing of SRAM chips.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 4:07md1819
Case Name: In re: Static Random Access Memory (SRAM) Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: semiconductors
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.