Violation Tracker Individual Record
: St. Paul Travelers Companies Inc.
Current Parent Company
Parent at the Time of the Penalty AnnouncementPenalty
to see this data field
: November 30, 2005
: financial offenses
: investor protection violation
: In a case brought by the New Mexico AG on behalf of a state pension fund and other investors, St. Paul Travelers agreed to pay $67.5 million to settle allegations that crucial information with withheld from shareholders during the merger discussions between St. Paul and Travelers.
Level of Government
: agency action
: New Mexico Attorney General
Civil or Criminal Case
: New Mexico
HQ Country of Current Parent
HQ State of Current Parent
: New York
Ownership Structure of Current Parent
: publicly traded
Major Industry of Current Parent
: financial services
Specific Industry of Current Parent
Source of Data
: Attorney General Madrid Announces Settlement in St. Paul Travelers Insurance Fraud Lawsuit, US States News, November 30, 2005 (via Nexis).
: 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