Violation Tracker Individual Record

Company: 
Avant Corp.
Penalty: 
$27,000,000
Year: 
2001
Date: 
May 22, 2001
Offense Group: 
competition-related offenses
Primary Offense: 
theft of trade secrets
Violation Description: 

Avant Corp., formally known as ArcSys, Inc. pleaded no contest to charges of Conspiracy, Trade Secret Theft, and Securities Fraud and paid $27 million in a plea agreement .

Level of Government: 
local
Action Type: 
agency action
Agency: 
Santa Clara County (CA) District Attorney
Civil or Criminal Case: 
civil
Private Lawsuit Resolution Type: 
verdict
Facility State: 
California
Facility County: 
Santa Clara
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.