2 Concrete Execs Sentenced In Price-Fixing Case

Law360, New York (February 8, 2011, 7:55 PM EST) -- A federal judge sentenced two concrete company executives Tuesday to four years and one year in prison, respectively, for taking part in a conspiracy to fix prices of ready-mix concrete in Iowa.

Former GCC Alliance Concrete Inc. executive Steven VandeBrake will pay a fine of $829,715 in addition to serving four years in prison, and former Great Lakes Concrete Inc. head Kent Robert Stewart will serve one year in prison, followed by three years of supervised release, according to a sentencing memorandum and order issued by...
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