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Company: Bayer Corporation
Current Parent Company:
Bayer
Parent at the Time of the Penalty Announcement:
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Penalty: $3,200,000
Year: 2007
Date: January 4, 2007
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Bayer Corporation agreed to pay a $3.2 million civil penalty to settle FTC allegations that advertisements for One-A-Day WeightSmart multivitamins violated an earlier Commission order requiring all health claims for One-A-Day brand vitamins to be supported by competent and reliable scientific evidence.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: Germany
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: chemicals
Specific Industry of Current Parent: chemicals
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.