01:14 PM EST, 01/14/2025 (MT Newswires) -- (Updates with KKR's response in the third and fourth paragraphs.)

KKR (KKR) is facing a civil lawsuit from the US Department of Justice for allegedly disregarding the premerger antitrust review process repeatedly, the DOJ said Tuesday.

The complaint filed in the US District Court for the Southern District of New York accuses KKR senior executives, deal teams and investment funds of failure to comply with the Hart-Scott-Rodino Antitrust Improvements Act on at least 16 separate deals between 2021 and 2022.

In response, KKR filed a complaint Tuesday challenging what it described as the "abuse of power and unconstitutional application of the HSR Act" by the DOJ's antitrust division, according to a court filing KKR shared with MT Newswires.

"We have been cooperating in good faith with the antitrust division... regarding certain HSR filings made in 2021 and 2022," KKR said. "We are confident all our filings provided the government with the necessary information to fully assess each transaction."

Price: 143.38, Change: +2.13, Percent Change: +1.50