Basic Search
|
Summaries
|
Advanced SearchViolation Tracker Individual Record
Company: NBTY, Inc.
Current Parent Company:
Nestle
Parent at the Time of the Penalty Announcement:
subscribe to see this data field
Recap of Ownership Changes:
subscribe to see this data field
Penalty: $2,000,000
Year: 2005
Date: October 12, 2005
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: NBTY Inc., a leading manufacturer and distributor of dietary supplements in the United States and abroad, agreed to pay a $2 million civil penalty to settle allegations that it violated the terms of a 1995 FTC order by making false and misleading health claims about two of its products.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: Switzerland
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: food products
Specific Industry of Current Parent: food products
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.
