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Violation Tracker Individual Record

Company: FMC Corporation
Current Parent CompanyFMC Corp.
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $25,700,000
Year: 2006
Date: November 17, 2006
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: FMC agreed to pay over $25 million to settle litigation alleging it was part of a conspiracy to fix the price of microcrystalline cellulose.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Pennsylvania
Civil or Criminal Case: civil
Case ID: 2:01cv111 MDL 1402
Case Name: In re: Microcrystalline Cellulose Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Pennsylvania
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.