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Company: Alcoa Inc. (now Arconic)
Current Parent Company:
Apollo Global Management
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $2,482,000
Year: 2003
Date: September 25, 2003
Offense Group: employment-related offenses
Primary Offense: employment discrimination
Secondary Offense: racial discrimination
Violation Description: The settlement, resolving allegations of racial discrimination in an apprenticeship program, included $882,000 for class members, $1.1 million for legal fees and a $500,000 fund to develop a more diverse talent pool for the skilled trades.
Level of Government: federal
Action Type: private litigation
Court: Northern District of Ohio
Civil or Criminal Case: civil
Case ID: 1:02-cv-0280
Case Name: Maxey et al v. Alcoa, Inc et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: private equity (including portfolio companies)
Specific Industry of Current Parent: private equity (including portfolio companies)
Source of Data:
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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.