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Violation Tracker Individual Record

Company: Contech Engineered Solutions LLC
Current Parent CompanyQuikrete
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $8,533,988
Year: 2021
Date: June 7, 2021
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Contech Engineered Solutions LLC pleaded guilty to one count of violating the Sherman Act and one count of conspiracy to commit fraud, as charged in a six-count indictment filed in the Eastern District of North Carolina. Contech admitted to conspiring to rig bids to the North Carolina Departmen of Transportation and conspiring to defraud NCDOT in order to fraudulently obtain contracts for infrastructure projects. Contech agreed to pay a criminal fine of $7,000,000 and restitution to the NCDOT in the amount of $1,533,988.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: criminal
Facility State: North Carolina
HQ Country of Current Parent: USA
HQ State of Current Parent: Georgia
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: building materials
Specific Industry of Current Parent: packaged concrete
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.