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Violation Tracker Individual Record

Company: Ventura Foods LLC
Current Parent Company: Ventura Foods
Penalty: $1,500,000
Year: 2024
Date: May 8, 2024
Offense Group: employment-related offenses
Primary Offense: benefit plan administrator violation
Secondary Offense: pension ERISA violation
Violation Description: Ventura Foods agreed to pay $1.5 million to settle litigation alleging it mismanaged its employee 401(k) retirement plan.
Level of Government: federal
Action Type: private litigation
Court: Central District of California
Civil or Criminal Case: civil
Case ID: 8:22-cv-02290
Case Name: Jim Gramstad et al v. Ventura Foods, LLC
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: California
Ownership Structure of Current Parent: joint venture (owned 50-50 by CHS and Mitsui)
Major Industry of Current Parent: food products
Specific Industry of Current Parent: food products
Source of Data: (click here)
Link to PACER Case Docket (must be logged in): (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.