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Violation Tracker Individual Record

Company: TracFone
Current Parent Company: Verizon Communications
Parent at the Time of the Penalty Announcement:  subscribe to see this data field
Recap of Ownership Changes:  subscribe to see this data field
Penalty: $40,000,000
Year: 2015
Date: January 28, 2015
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: TracFone, the largest prepaid mobile provider in the U.S., agreed to pay $40 million to the Federal Trade Commission to settle charges that it deceived millions of consumers with hollow promises of unlimited data service.
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: telecommunications
Specific Industry of Current Parent: telecommunications
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.