Texas Swag Co. Exec Gets Prison For Price-Fixing Conspiracy
Law360, Houston (June 27, 2019, 5:34 PM EDT) -- The president of an online promotional products company accused of masterminding a price-fixing scheme involving up to nine other competitors received an eight-month prison sentence from a Texas federal judge Thursday, marking the latest development in the U.S. Department of Justice's antitrust probe into that industry.
Akil Kurji, owner and president of Houston-based Gennex Media doing business as Brandex.com, pled guilty in April to price-fixing in violation of the Sherman Antitrust Act and faced a maximum of two years in prison. Prosecutor Danielle M. Garten had asked that Kurji get 18 months and pay a $20,000 fine.
His defense attorney, James Madison Ardoin III...
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