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Violation Tracker Individual Record

Company: Varsity Brands LLC
Penalty: $82,500,000
Year: 2024
Date: December 6, 2024
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: Varsity Brands agreed to pay over $80 million to settle litigation alleging it stifled competition and inflated prices for goods and services for the competitive cheerleading activities.
Level of Government: federal
Action Type: private litigation
Court: Western District of Tennessee
Civil or Criminal Case: civil
Case ID: 2:20-cv-02892
Case Name: Jones et al v. Bain Capital Private Equity et al
Private Lawsuit Resolution Type: settlement
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.