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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 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.