DOJ Wins Guilty Pleas In DRAM Price-Fixing Case

Law360, New York (March 22, 2006, 12:00 AM EST) -- Three executives from semiconductor maker Samsung Electronics Co. Ltd. have agreed to plead guilty and face jail time for their roles in a price-fixing scheme that inflated the cost of computer memory six years ago.

The guilty pleas are the latest development in the drawn-out DRAM price-fixing investigation, which was launched by the U.S. Department of Justice in 2002.

If the pleas are accepted by the U.S. District Court for the Northern District of California, the executives will each pay a $250,000 fine and serve between...
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