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Company: AK Steel Holding Corporation
Current Parent Company:
Cleveland-Cliffs
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $5,800,000
Year: 2014
Date: October 21, 2014
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: AK Steel agreed to pay nearly $6 million to direct purchaser plaintiffs to settle allegations of a conspiracy to fix steel prices.
Level of Government: federal
Action Type: private litigation
Court: Northern District of Illinois
Civil or Criminal Case: civil
Case ID: 1:08cv5214
Case Name: In re Steel Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Ohio
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: mining and minerals
Specific Industry of Current Parent: mining
Link to PACER Case Docket (must be logged in):
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.