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Violation Tracker Individual Record

Company: UST Inc.
Current Parent CompanyAltria
Parent at the Time of the Penalty Announcement subscribe to see this data field
Recap of Ownership Changes subscribe to see this data field
Penalty: $96,000,000
Year: 2008
Date: March 13, 2008
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: UST agreed to pay $96 million to settle litigation alleging it monopolized the smokeless tobacco market.
Level of Government: state
Action Type: private litigation
Court: San Francisco County (CA) Superior Court
Civil or Criminal Case: civil
Case ID: CJC02004250
Case Name: Smokeless Tobacco Cases
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Virginia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: tobacco
Specific Industry of Current Parent: tobacco
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.