Violation Tracker Individual Record
Company:
Enron
Current Parent Company:
Enron
Penalty:
$1,520,000,000
Year:
2005
Date:
July 15, 2005
Offense Group:
competition-related offenses
Primary Offense:
energy market manipulation
Violation Description:
The attorneys general of California, Washington and Oregon announced a $1.52 billion settlement with Enron to resolve allegations of market manipulation and price gouging during the energy crisis of 2000-01.
Level of Government:
state
Action Type:
agency action
Agency:
Multistate Attorneys General Case
Civil or Criminal Case:
civil
HQ Country of Parent:
USA
HQ State of Parent:
Texas
Ownership Structure of Parent:
out of business
Major Industry of Parent:
utilities and power generation
Specific Industry of Parent:
power systems
Source Notes:
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note:
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.