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Violation Tracker Individual Record

Company: Vertellus Specialties Inc.
Current Parent CompanyPritzker Group
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: $2,275,454
Year: 2009
Date: December 2, 2009
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: A group of 11 companies agreed to pay a total of $25.03 million to settle multistate litigation alleging they conspired to fix the prices of vitamins added to foods such as ready-to-eat cereals. The announcement did not specify how much each company would pay. Here we assume the total was divided equally among them.
Level of Government: state
Action Type: agency action
Agency: Multistate Attorneys General Case
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: diversified
Specific Industry of Current Parent: diversified
Source of Data(click here)
Source Notes: If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.