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Violation Tracker Individual Record

Company: Forjas Taurus, S.A.
Current Parent Company: Taurus
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $239,000,000
Year: 2016
Date: July 22, 2016
Offense Group: safety-related offenses
Primary Offense: product safety violation
Violation Description: A Brazilian gun manufacturer agreed to pay an estimated $239 million to resolve class action litigation alleging that it produced weapons with a defect that could cause them to go off when dropped.
Level of Government: federal
Action Type: private litigation
Court: Southern District of Florida
Civil or Criminal Case: civil
Case ID: 1:13cv24583
Case Name: Carter v. Forjas Taurus, S.A. et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Brazil
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous manufacturing
Specific Industry of Current Parent: weapons
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.