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Violation Tracker Individual Record

Company: Corning Incorporated
Current Parent Company: Corning Inc.
Penalty: $7,000,000
Year: 2020
Date: July 16, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Corning agreed to pay $7 million to direct purchaser plaintiffs to settle its role in multi-district litigation alleging a price fixing conspiracy in the sale of automotive ceramic substrates.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:17cv13785
Case Name: Airflow Catalyst Systems, Inc. et al v. NGK Insulators, Ltd. 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: miscellaneous manufacturing
Specific Industry of Current Parent: glass & ceramic products
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.