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Violation Tracker Individual Record

Company: International Paper
Current Parent Company: International Paper
Penalty: $354,000,000
Year: 2017
Date: October 17, 2017
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: International Paper agreed to pay $354 million to settle allegations it conspired with other containerboard producers to fix prices.
Level of Government: federal
Action Type: private litigation
Court: Northern District of Illinois
Civil or Criminal Case: civil
Case ID: 1:10cv5711
Case Name: Kleen Products LLC et al v. International Paper et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Tennessee
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: paper and packaging
Specific Industry of Current Parent: paper & packaging
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.