On August 10, 2016, a London-based investment trust company, Caledonia Investments plc, agreed to pay $480,000 in civil penalties to settle Federal Trade Commission (FTC) allegations that the company violated federal premerger reporting laws. In 2014, Caledonia allegedly failed to report its purchase of voting shares in Bristow Group, Inc., as required under the Hart-Scott-Rodino Act (HSR Act). Because Caledonia had violated the HSR Act previously in 1996, the FTC sought civil penalties even though Caledonia asserted that its failure to report its purchase of voting shares was inadvertent.