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Violation Tracker Individual Record

Company: Toyobo Co. Ltd.
Current Parent CompanyToyobo
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $66,000,000
Year: 2018
Date: March 15, 2018
Offense Group: government-contracting-related offenses
Primary Offense: False Claims Act and related
Mega-ScandalFederal Contractor Abuses
Violation Description: Toyobo Co. Ltd. of Japan and its American subsidiary Toyobo U.S.A. Inc. agreed to pay $66 million to resolve claims under the False Claims Act that they sold defective Zylon fiber used in bullet proof vests that the United States purchased for federal, state, local, and tribal law enforcement agencies.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Civil Division
Civil or Criminal Case: civil
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous manufacturing
Specific Industry of Current Parent: textile products
Source of Data(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.