Basic Search  |  Summaries  |  Advanced Search

Violation Tracker Individual Record

Company: A.E. Staley Manufacturing Company
Current Parent Company: Primient
Penalty: $100,000,000
Year: 2004
Date: October 14, 2004
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: A.E. Staley agreed to pay $100 million to settle its role in litigation alleging that major producers of high-fructose corn syrup engaged in price fixing.
Level of Government: federal
Action Type: private litigation
Court: Central District of Illinois
Civil or Criminal Case: civil
Case ID: 1:95cv1477 MDL 1087
Case Name: In re High Fructose Corn Syrup Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Illinois
Ownership Structure of Current Parent: joint venture (owned 50-50 by Tate & Lyle and KPS Capital Partners)
Major Industry of Current Parent: agribusiness
Specific Industry of Current Parent: food ingredients
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
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.