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Violation Tracker Individual Record

Company: Sears, Roebuck & Co.
Current Parent Company: Sears
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $500,000,000
Year: 2008
Date: February 20, 2008
Offense Group: safety-related offenses
Primary Offense: product safety violation
Violation Description: Sears agreed to settle a class action lawsuit over stoves that allegedly had a tendency to tip over. Plaintiffs' lawyers estimated that the value of the settlement could exceed $500 million. Sears disputed that figure but did not offer an alternative estimate: (click here)
Level of Government: federal
Action Type: private litigation
Court: Third Judicial Circuit Court of Madison County (IL)
Civil or Criminal Case: civil
Case ID: 04-L716
Case Name: Charles Parker et. al vs. Sears, Roebuck & Co.
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-department stores
Source of Data: (click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.