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Violation Tracker Individual Record

Company: El Paso Corp
Current Parent CompanyKinder Morgan
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Recap of Ownership Changes subscribe to see this data field
Penalty: $70,000,000
Year: 2004
Date: December 27, 2004
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Secondary Offense: energy market manipulation
Mega-ScandalWestern Energy Crisis
Violation Description: El Paso Corp. agreed to pay more than $70 million to settle allegations of conspiring to reduce the transmission capacity in the El Paso Pipeline in an attempt to elevate natural gas prices in Arizona and increase profits.
Level of Government: state
Action Type: agency action
Agency: Arizona Attorney General
Civil or Criminal Case: civil
Facility State: Arizona
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: pipelines
Specific Industry of Current Parent: pipelines
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.