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Violation Tracker Individual Record

Company: Manulife Financial Corporation
Current Parent Company: Manulife Financial
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $1,000,000
Year: 2004
Date: May 3, 2004
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: premerger notification violation
Violation Description: Manulife Financial Corporation, a Canadian-based insurance and financial services company, agreed to pay a $1 million civil penalty to settle charges that the company violated antitrust premerger notification requirements when it acquired more than $50 million of John Hancock common stock in the spring of 2003.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: civil
HQ Country of Current Parent: Canada
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.