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Company: Essilor Laboratories of America, Inc.
Current Parent Company:
EssilorLuxottica
Parent at the Time of the Penalty Announcement:
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Penalty: $23,800,000
Year: 2022
Date: December 5, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Secondary Offense: kickbacks and bribery
Violation Description: Essilor Laboratories of America agreed to a $23.8 million settlementin a lawsuit which alleged the company violated the Insurance Frauds Prevention Act. The suit alleged Essilor provided kickbacks and other unlawful incentives to eye care providers that ultimately hurt consumers by unfairly driving them toward more expensive services.
Level of Government: state
Action Type: agency action
Agency: California Department of Insurance
Civil or Criminal Case: civil
Facility State: California
HQ Country of Current Parent: France
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: apparel
Specific Industry of Current Parent: eyewear
Source of Data:
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the
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