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Violation Tracker Individual Record

Company: Simon and Schuster Inc.
Current Parent Company: KKR & Co.
Penalty: $20,641,666
Year: 2013
Date: February 8, 2013
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: A group of states sued several leading book publishers and Apple Inc. alleging they conspired to fix the price of electronic books. The publishers agreed to pay a total of $166 million (plus legal fees and costs) while Apple ended up paying $450 million. Simon & Schuster's share was $20.6 million.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:12-cv-06625
Case Name: The State of Texas et al v. Hachette Book Group, Inc. et al
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: (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.