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Violation Tracker Individual Record

Company: Leucadia National Corporation
Current Parent Company: Jefferies Financial Group
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Penalty: $240,000
Year: 2015
Date: September 22, 2015
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: premerger notification violation
Violation Description: The Justice Department's Antitrust Division, at the request of the Federal Trade Commission, filed a civil antitrust lawsuit in U.S. District Court in Washington, D.C., against Leucadia National Corporation for violating the premerger notification and waiting period requirements of the Hart-Scott-Rodino Act of 1976 when it acquired voting securities of KCG Holdings Inc. in July 2013. At the same time, the department filed a proposed settlement, subject to approval by the court, under which Leucadia has agreed to pay a $240,000 civil penalty to resolve the lawsuit.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: civil
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: diversified
Specific Industry of Current Parent: diversified
Source of Data: (click here)
Archived Source: (click here)
Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.