Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: Westinghouse Air Brake Technologies Corporation (Wabtec)
Current Parent Company: Westinghouse Air Brake Technologies (Wabtec)
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $300,000
Year: 2008
Date: February 14, 2008
Offense Group: competition-related offenses
Primary Offense: Foreign Corrupt Practices Act
Secondary Offense: kickbacks and bribery
Violation Description: The Department of Justice entered into an agreement with Westinghouse Air Brake Technologies Corporation (Wabtec) regarding improper payments to government officials in India in violation of the Foreign Corrupt Practices Act. The agreement required that Wabtec pay a $300,000 penalty, implement rigorous internal controls, and cooperate fully with the Department.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Criminal Division
Civil or Criminal Case: criminal
Prosecution Agreement: non-prosecution agreement
HQ Country of Current Parent: USA
HQ State of Current Parent: Pennsylvania
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: industrial equipment
Specific Industry of Current Parent: industrial equipment
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.