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Violation Tracker Individual Record

Company: Samsung SDI Co., Ltd.
Current Parent Company: Samsung SDI
Penalty: $39,500,000
Year: 2019
Date: August 16, 2019
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: As part of a long-running and complex antitrust case, Samsung agreed to pay $39.5 million to indirect purchasers to settle allegations that it conspired with other companies to fix the price of lithium-ion batteries.
Level of Government: federal
Action Type: private litigation
Court: Northern District of California
Civil or Criminal Case: civil
Case ID: 4:13md2420
Case Name: In Re: Lithium Ion Batteries Antitrust Litigation
HQ Country of Current Parent: South Korea
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: electrical and electronic equipment
Specific Industry of Current Parent: semiconductors; batteries
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (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.