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Violation Tracker Individual Record

Company: Novartis Corporation
Current Parent Company: Novartis
Penalty: $175,000,000
Year: 2010
Date: November 30, 2010
Offense Group: employment-related offenses
Primary Offense: employment discrimination
Secondary Offense: gender discrimination
Mega-Scandal: Employment Discrimination
Violation Description: Gender discrimination. The settlement included monetary relief of $114,375,000 for class members, $38,125,000 for legal fees, and changes in employment practices that had an estimated cost of $22,500,000.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:04-cv-9194
Case Name: Velez et al v. Novartis Corporation et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pharmaceuticals
Specific Industry of Current Parent: pharmaceuticals
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (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.