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Violation Tracker Individual Record

Company: Stora Enso North America Corporation
Current Parent Company: Stora Enso
Penalty: $8,000,000
Year: 2014
Date: June 6, 2014
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Stora Enso agreed to pay $8 million to direct purchaser plaintiffs to settle litigation involving price fixing of magazine publication paper.
Level of Government: federal
Action Type: private litigation
Court: District of Connecticut
Civil or Criminal Case: civil
Case ID: 3:04md1631
Case Name: Publication Paper Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Finland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: paper and packaging
Specific Industry of Current Parent: paper & packaging
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.