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Company: Matco Tools Corporation
Current Parent Company:
Vontier Corporation
Parent at the Time of the Penalty Announcement:
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Penalty: $15,846,423
Year: 2022
Date: April 28, 2022
Offense Group: employment-related offenses
Primary Offense: wage and hour violation
Violation Description: Matco Tools agreed to pay over $15 million to resolve litigation alleging it improperly classified franchisees as independent contractors to avoid California requirements regarding reimbursement of expenses.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 3:19cv463
Case Name: Fleming v. Matco Tools Corporation et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: North Carolina
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: miscellaneous manufacturing
Specific Industry of Current Parent: tools and transportation equipment
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.