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Violation Tracker Individual Record

Company: Advance Auto Parts
Current Parent Company: Advance Auto Parts
Penalty: $1,700,000
Year: 2024
Date: July 19, 2024
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Advance Auto agreed to pay $1.7 million to settle litigation alleging it mismanaged its employee 401(k) retirement plan.
Level of Government: federal
Action Type: private litigation
Court: Western District of Virginia
Civil or Criminal Case: civil
Case ID: 7:21-cv-00549
Case Name: Sweet et al v. Advance Stores Company, Incorporated et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Virginia
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: retailing
Specific Industry of Current Parent: retail-auto parts
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (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.