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Violation Tracker Individual Record

Company: Nippon Seiki Co. Ltd.
Current Parent Company: Nippon Seiki
Penalty: $4,560,000
Year: 2016
Date: June 20, 2016
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: Nippon Seiki agreed to pay over $4 million to end-payor plaintiffs to settle its involvement in litigation concerning price-fixing of automotive instrument panel clusters.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:12cv203
Case Name: Instrument Panel Clusters - End-Payor Actions
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: Japan
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: electronic components
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.