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Violation Tracker Individual Record

Company: Hearst Corporation
Current Parent CompanyHearst
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $4,000,000
Year: 2001
Date: October 11, 2001
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: premerger notification violation
Violation Description: The Hearst Trust and its wholly owned subsidiary, The Hearst Corporation, agreed to settle charges that it failed to include required documents in its premerger notification report concerning its 1998 acquisition of Medi-Span, Inc. and Medi-Span International, Inc.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: media
Specific Industry of Current Parent: media
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.