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Violation Tracker Individual Record

Company: UnumProvident Corporation
Current Parent CompanyUnum
Parent at the Time of the Penalty Announcement subscribe to see this data field
Penalty: $17,400,000
Year: 2006
Date: November 1, 2006
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: UnumProvident agreed to pay $15.5 million in restitution and $1.9 million in penalties to resolve an investigation of deceptive practices in its compensation of brokers and consultants in connection with the sale of group insurance products.
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: Tennessee
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)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.