Western Titanium Strikes Plea Deal In Fraud Case

Law360 (January 13, 2011, 1:22 PM EST) -- Military contractor Western Titanium Inc. will plead guilty to one count of mail fraud in a case accusing it of passing off substandard metal as high quality, escaping 18 other counts and getting charges against its executives dismissed.

In a plea agreement reached Wednesday in the U.S. District Court for the Southern District of California, Western and Mach 2 Metals Inc., a company purchased by Western in 2006, agreed to pay $51,000 in restitution and about $40,000 in fines, and plead guilty to just one of...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.