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Company: Smithfield Foods Inc
Current Parent Company:
WH Group
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $900,000
Year: 2010
Date: January 21, 2010
Offense Group: financial offenses
Primary Offense: investor protection violation
Secondary Offense: premerger notification violation
Violation Description: The Department of Justice announced a settlement with Smithfield Foods Inc. and Premium Standard Farms LLC that requires the companies to pay a total of $900,000 in civil penalties for violating premerger waiting period requirements.
Level of Government: federal
Action Type: agency action
Agency: Justice Department Antitrust Division
Civil or Criminal Case: civil
HQ Country of Current Parent: China
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: food products
Specific Industry of Current Parent: meatpacking
Source of Data:
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Archived Source:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.