Georgia Real Estate Investor Pleads Guilty to Bid Rigging

According to authorities, a real estate investor from Georgia has admitted to her role in a conspiracy to rig bids at public real estate foreclosure auctions.  Amy James entered a guilty plea in Atlanta federal court last week to violating … Continue reading

Posted in Bid Rigging |

Comcast Deal with Face Antitrust Review

Comcast and Time Warner Cable could face an uphill battle against antitrust regulators in order to win approval for their $45 billion merger.  If the companies combine, they would be able to bring cable or Internet service to about 30% … Continue reading

Posted in AntiTrust Law |

Former Bank of America Executive Pleads Guilty Big Rigging

Phillip D. Murphy, the former managing director of municipal derivatives products at Bank of America, has pleaded guilty to participating in a bid-rigging scheme that set artificial prices for municipal bond investment contracts.  Federal prosecutors believe that Murphy was a … Continue reading

Posted in Bid Rigging |

Aisan Industry Co. Ltd. Pleads Guilty to Price Fixing

The Department of Justice has announced that Aisan Industry Co. Ltd., a Japanese-based company, has pleaded guilty and agreed to pay a criminal fine of $6.86 million for its role in a price fixing conspiracy that involved throttle bodies sold … Continue reading

Posted in Price fixing |