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Violation Tracker Individual Record

Company: Exxon Corporation
Current Parent CompanyExxon Mobil
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $1,075,000,000
Year: 2006
Date: April 7, 2006
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: In 1991 Exxon was sued by thousands of service station owners in 35 states, who alleged that the company overcharged them for gasoline. After the owners won a verdict at trial, Exxon unsuccessfully appealed all the way to the U.S. Supreme Court. The parties subsequently reached a settlement worth over $1 billion that received final court approval in 2006.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Florida
Civil or Criminal Case: civil
Case ID: 1:91-cv-00986-ASG
Case Name: Allapattah Services, et al v. Exxon Corporation, et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: oil and gas
Specific Industry of Current Parent: oil & gas
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.