Eight Large Corporations Penalized $1 Billion Or More
By Editor of Corporate Crime Reporter - Eight large corporations and their subsidiaries have each been penalized more than $1 billion for environmental, health and safety cases brought by federal regulatory agencies since 2010. The corporations with the most penalties are: BP ($25.4 billion), Anadarko Petroleum ($5.2 billion), GlaxoSmithKline ($3.8 billion), Johnson & Johnson ($2.4 billion), Abbott Laboratories ($1.5 billion), Transocean ($1.4 billion), Toyota ($1.3 billion) and Alliant Energy ($1.0 billion). The penalty total of all entries in Violation Tracker is about $60 billion.