Violation Tracker Individual Record

Company: 
Fresenius Medical Care AG & Co KGaA
Current Parent Company: 
Fresenius
Penalty: 
$147,000,000
Year: 
2019
Date: 
March 29, 2019
Primary Offense: 
Foreign Corrupt Practices Act
Violation Description: 

Fresenius Medical Care agreed to pay $147 million to resolve SEC allegations of violations of the Foreign Corrupt Practices Act across multiple countries for nearly a decade.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Securities and Exchange Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Germany
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
healthcare services
Specific Industry of Parent: 
healthcare services
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.