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Company: Michaels Stores Inc.
Current Parent Company:
Apollo Global Management
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $45,000
Year: 2009
Date: July 7, 2009
Offense Group: safety-related offenses
Primary Offense: product safety violation
Violation Description: The U.S. Consumer Product Safety Commission announced that nine children's product manufacturers, importers and sellers agreed to pay a total of more than $500,000 in civil penalties for allegedly violating the federal lead paint ban.
Level of Government: federal
Action Type: agency action
Agency: Consumer Product Safety Commission
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: private equity (including portfolio companies)
Specific Industry of Current Parent: private equity (including portfolio companies)
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.