Violation Tracker Individual Record

Company: 
Flowserve Corporation
Current Parent Company: 
Flowserve
Penalty: 
$4,000,000
Year: 
2008
Date: 
February 21, 2008
Offense Group: 
competition-related offenses
Primary Offense: 
kickbacks and bribery
Violation Description: 

Flowserve Corporation agreed to pay a $4 million penalty as part of an agreement with the U.S. government regarding charges brought in connection with an ongoing investigation related to the United Nations Oil for Food program.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Criminal Division
Civil or Criminal Case: 
criminal
Prosecution Agreement: 
deferred prosecution agreement
HQ Country of Parent: 
USA
HQ State of Parent: 
Texas
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
industrial equipment
Specific Industry of Parent: 
industrial equipment
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.