Violation Tracker Individual Record

Company: 
TradeKing
Penalty: 
$200,000
Year: 
2012
Date: 
August 30, 2012
Offense Group: 
competition-related offenses
Primary Offense: 
price-fixing or anti-competitive practices
Violation Description: 

Online retail brokers E*Trade and TradeKing agreed to pay a total of $200,000 as part of the settlement of a lawsuit brought by Connecticut, Iowa and Missouri alleging potential violations of antitrust law. The announcement did not specify how much each company would pay. Here we assume the amount was divided equally between them.

Level of Government: 
state
Action Type: 
agency action
Agency: 
Multistate Attorneys General Case
Civil or Criminal Case: 
civil
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.