Charcoal Co. Owner Cops Plea In DOJ Bid-Rigging Probe

Law360, New York (June 19, 2012, 5:44 PM EDT) -- The U.S. Department of Justice secured a guilty plea Monday from a California-based mesquite charcoal distributor accused of participating in a decadelong conspiracy to artificially inflate charcoal prices through a bid-rigging and customer allocation scheme.

William W. Lord, owner of Carpinteria, Calif.-based Chef’s Choice Mesquite Charcoal, faces up to 10 years in prison after copping to a single charge of violating the Sherman Act in California federal court. As part of his plea deal, Lord has agreed to assist the DOJ in their continuing investigation of...
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