Former Hitachi-LG Exec Sentenced For Bid-Rigging Plot

Law360, New York (July 19, 2012, 4:02 PM EDT) -- A California federal judge on Wednesday sentenced a former executive of a joint venture between Hitachi Ltd. and LG Electronics Co. Ltd. to 180 days in prison in connection with his role in a bid-rigging plot on the sale of optical disk drives.

In addition to the half-year prison term, Woo Jin Yang, who worked for Hitachi-LG Data Storage Inc. and cooperated with a U.S. Department of Justice investigation into the bid-rigging conspiracy, was ordered to pay a $25,000 fine and a $400 assessment fee. U.S....
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

USA v. Yang


Case Number

3:12-cr-00309

Court

California Northern

Nature of Suit

Date Filed

April 29, 2012

Law Firms

Companies

Government Agencies

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.