DOJ Files Charge In Blinds Price-Fixing Probe

Law360, New York (April 19, 2007, 12:00 AM EDT) -- A former president of a Canadian window blinds slat manufacturer has become the first person charged in a U.S. Department of Justice investigation into alleged collusive activity in the industry.

Mario Cadorette of Montreal was indicted by a federal grand jury in Houston Wednesday on one count of conspiracy to commit mail fraud and four counts of wire fraud for allegedly scamming customers by secretly convincing competitors to increase slat prices by 8%. He faces five years imprisonment and a $250,000 fine for each count....
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