Father-Son Execs Plead Guilty In $42M Military Flare Case

By Michael Lipkin (January 12, 2015, 9:59 PM EST) -- A father-son pair of executives pled guilty on Monday to helping flout a 305 percent anti-dumping duty on Chinese magnesium powder that was unknowingly used by a U.S. military contractor to make $42 million worth of aircraft flares, New York federal prosecutors said.

Gregory Magness, president of Superior Metal Powders Inc., pled guilty to conspiracy to smuggle and conspiracy to commit money laundering, while his son Justin, the company's vice-president, admitted to aiding and abetting giving a false document to Customs agents.

Superior Metal, a supplier of specialty metal powders, had a deal with ESM Group Inc. from 2003 to 2006...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!