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Violation Tracker Individual Record

Company: Spansion Inc.
Current Parent CompanyInfineon Technologies
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Recap of Ownership Changes subscribe to see this data field
Penalty: $8,568,000
Year: 2010
Date: June 3, 2010
Offense Group: employment-related offenses
Primary Offense: WARN Act violation
Violation Description: While in bankruptcy, Spansion Inc. agreed to pay $8.6 million to a group of laid off workers who alleged they were not given proper notice under the Worker Adjustment and Retraining Notification Act.
Level of Government: federal
Action Type: private litigation
Court: District of Delaware Bankruptcy Court
Civil or Criminal Case: civil
Case ID: 1:09bk10690
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: semiconductors
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.