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Company: McWane Inc.
Current Parent Company:
McWane
Parent at the Time of the Penalty Announcement:
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Penalty: $1,425,000
Year: 2018
Date: June 13, 2018
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: McWane agreed to pay over $1 million to indirect purchaser plaintiffs to settle its role in to price fixing of ductile iron pipe fittings used in municipal drinking water and wastewater systems.
Level of Government: federal
Action Type: private litigation
Court: District of New Jersey
Civil or Criminal Case: civil
Case ID: 3:12cv169
Case Name: Yates Construction Co., Inc. v. Sigma Corporation et al
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: Alabama
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: miscellaneous manufacturing
Specific Industry of Current Parent: plumbing supplies
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
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