Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Cytec Engineered Materials Inc.
Current Parent Company: Solvay
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: $7,000,000
Year: 2005
Date: January 31, 2005
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Cytec agreed to pay $7 million to settle its role in litigation involving price-fixing of carbon fiber.
Level of Government: federal
Action Type: private litigation
Court: Central District of California
Civil or Criminal Case: civil
Case ID: 99cv7796
Case Name: Thomas & Thomas Rodmakers Inc., et al. v. Newport Adhesives and Composites Inc., et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Belgium
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
Source of Data: 2006 Mealey's Jury Verdicts & Settlements 3967
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.