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Company: Guardian Fiberglass Inc.
Current Parent Company:
Knauf
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $4,500,000
Year: 2008
Date: March 4, 2008
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Guardian agreed to pay over $4 million to settle litigation alleging it was part of a conspiracy to fix prices of fiberglass insulation.
Level of Government: federal
Action Type: private litigation
Court: Northern District of Georgia
Civil or Criminal Case: civil
Case ID: 1:04cv3066
Case Name: Columbus Drywall & Insulation, Inc. et al v. Masco Corporation et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: building materials
Specific Industry of Current Parent: insulation
Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.