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Company: Tower Automotive
Current Parent Company:
KPS Capital Partners
Parent at the Time of the Penalty Announcement:
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Recap of Ownership Changes:
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Penalty: $5,700,000
Year: 2007
Date: December 10, 2007
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Level of Government: federal
Action Type: private litigation
Court: Southern District of New York
Civil or Criminal Case: civil
Case ID: 1:05-cv-2184
Case Name: In re Tower Automotive ERISA Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: private equity (including portfolio companies)
Specific Industry of Current Parent: private equity (including portfolio companies)
Source of Data:
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Link to Archived Court Document:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
Update Log.