Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: First American Financial Corporation
Current Parent CompanyFirst American Financial
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $4,500,000
Year: 2023
Date: October 27, 2023
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: First American and its competitors allegedly entered into illegal no-poach agreements where they would not solicit each other's employees, reducing competition and therefore negatively impacting wages and opportunities for workers. First American will terminate any existing no-poach agreements, pay the state $4.5 million, and cooperate with OAG's ongoing investigations in the industry.
Level of Government: state
Action Type: agency action
Agency: New York Attorney General
Civil or Criminal Case: civil
Facility State: New York
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: insurance
Source of Data(click here)
Source Notes: 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.