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Violation Tracker Individual Record

Company: Toyo Tire & Rubber Co., Ltd.
Current Parent Company: Toyo Tire & Rubber
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Penalty: $36,100,000
Year: 2018
Date: December 6, 2018
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Toyo Tire agreed to pay over $36 million to end-payor plaintiffs to settle its role in litigation regarding price-fixing of automotive anti-vibration rubber parts and constant velocity joint boot products.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:13cv803
Case Name: Anti-Vibrational Rubber Parts - 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: automotive parts
Specific Industry of Current Parent: automotive parts-tires
Link to PACER Case Docket (must be logged in): (click here)
Link to Archived Court Document:  subscribe to see this data field
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.