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Violation Tracker Individual Record

Company: International Paper Co.
Current Parent Company: International Paper
Penalty: $12,400,000
Year: 2006
Date: September 27, 2006
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: International Paper agreed to pay over $12 million to settle litigation alleging it conspired to artificially depress pulpwood stumpage prices.
Level of Government: federal
Action Type: private litigation
Court: District of South Carolina
Civil or Criminal Case: civil
Case ID: 3:02cv3352
Case Name: Crane et al. v. International Paper Co. Inc.
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Tennessee
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: paper and packaging
Specific Industry of Current Parent: paper & packaging
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.