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Violation Tracker Individual Record

Company: Silver Lake Partners LP
Penalty: $29,500,000
Year: 2015
Date: March 2, 2015
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: Silver Lake Partners agreed to pay nearly $30 million to settle litigation alleging it colluded with other private equity firms to keep leveraged buyout prices low.
Level of Government: federal
Action Type: private litigation
Court: District of Massachusetts
Civil or Criminal Case: civil
Case ID: 1:07cv12388
Case Name: Klein et al v. Bain Capital Partners, LLC et al
Private Lawsuit Resolution Type: settlement
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.