Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Societe Generale
Current Parent Company: Societe Generale
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $26,750,000
Year: 2016
Date: February 24, 2016
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Societe Generale agreed to pay $26.75 million as part of the settlement of multistate litigation alleging fraudulent and anticompetitive conduct in municipal bond derivative transactions with state and local government entities and nonprofits across the country.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: France
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: banking
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.