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Violation Tracker Individual Record

Company: Maxwell Technologies Inc.
Current Parent Company: Tesla Inc.
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Penalty: $8,000,000
Year: 2011
Date: January 31, 2011
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: Maxwell Technologies Inc. agreed to pay an $8 million criminal penalty to resolve Foreign Corrupt Practices Act charges of bribing Chinese government officials to secure sales of Maxwell's products to state-owned manufacturers of electric-utility infrastructure in several Chinese provinces.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: deferred prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: motor vehicles
Specific Industry of Current Parent: motor vehicles and energy
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.