Two Indicted In DOJ's Marine Hose Crackdown

Law360 (September 13, 2007, 12:00 AM EDT) -- A Florida grand jury has indicted two of the eight executives the Department of Justice charged back in May with fixing prices, allocating markets and rigging bids for marine hoses, the Department said Thursday.

In the indictment, Francesco Scaglia and his colleague Val Northcutt of Fort Lauderdale, Fla., both affiliated with Milan, Italy-based manufacturer and wholesaler Manuli Rubber Industries SpA, were accused of conspiring to suppress competition for marine hoses, which are used to load and unload oil from tankers, from as early as 1999 to...
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