Former Elpida Exec. Pleads Guilty To Fixing DRAM Prices

Law360, New York (November 16, 2006, 12:00 AM EST) -- The U.S. Department of Justice’s probe into price-fixing among manufacturers of dynamic random access memory (DRAM) has yielded yet another guilty plea. A former executive of Elpida Memory Inc. has agreed to serve prison time, cough up a quarter-million dollar fine and assist authorities in their ongoing investigation into the DRAM industry.

California resident D. James Sogas became the 17th individual charged in connection with the DOJ’s investigation of DRAM price-fixing when he was hit with a one-count criminal charge that alleged he violated the Sherman...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.