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Violation Tracker Individual Record

Company: International Paper Co.
Current Parent Company: International Paper
Penalty: $31,000,000
Year: 2004
Date: July 14, 2004
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: International Paper agreed to pay $31 million to direct purchaser plaintiffs to settle litigation alleging it participated in a conspiracy to fix the price of high-pressure laminates.
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 7:00md1368
Case Name: In re: High Pressure Laminates
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
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.