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Violation Tracker Individual Record

Company: Commercial Metals Company
Current Parent Company: Commercial Metals Co.
Penalty: $3,999,999
Year: 2014
Date: October 21, 2014
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Commercial Metals agreed to pay nearly $4 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: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: metals
Specific Industry of Current Parent: metals
Source of Data: (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.