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Violation Tracker Individual Record

Company: NEC Tokin Corp.
Current Parent Company: Yageo
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
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Penalty: $24,000,000
Year: 2017
Date: June 27, 2017
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: NEC Tokin agreed to pay $24 million to direct purchasers as part of litigation involving price fixing of capacitors.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:17md2801
Case Name: In re Capacitors Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Taiwan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic equipment
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.