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Violation Tracker Individual Record

Company: Scholastic Inc.
Current Parent Company: Scholastic Corp.
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $710,000
Year: 2005
Date: June 21, 2005
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: New York-based Scholastic Inc. and two of its subsidiaries, Scholastic-at-Home and Grolier Incorporated, agreed to settle allegations that they violated laws enforced by the FTC in marketing their negative option book clubs.
Level of Government: federal
Action Type: agency action
Agency: Federal Trade Commission
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: media
Specific Industry of Current Parent: publishing
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.