Ex-SK Foods CEO Faces New Antitrust Charges

Law360, New York (April 30, 2010, 3:12 PM EDT) -- SK Foods LP's former CEO has been indicted on additional charges of bid-rigging and price-fixing for his alleged role in a conspiracy to suppress competition in the tomato processing industry.

A federal grand jury in the U.S. District Court for the Eastern District of California on Thursday returned a superseding 12-count indictment against Frederick Scott Salyer, adding allegations that he conspired to fix prices and rig bids for the sale of tomato paste.

According to the new charges, Salyer conspired to fix prices and rig bids...
To view the full article, register now.