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Violation Tracker Individual Record

Company: MCI
Current Parent CompanyVerizon Communications
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Penalty: $315,000,000
Year: 2005
Date: October 4, 2005
Offense Group: financial offenses
Primary Offense: tax violations
Violation Description: MCI agreed to pay $315 million to 15 states and the District of Columbia to resolve tax claims filed in the bankruptcy of WorldCom Inc., which had merged into MCI.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: telecommunications
Specific Industry of Current Parent: telecommunications
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.