JURIST Supported by the University of Pittsburgh
PAPER CHASE NEWSBURSTDigest RSS feedFull RSS feed
Serious law. Primary sources. Global perspective.


Friday, December 03, 2004

Four Infineon execs plead guilty in price-fixing scheme, to receive jail terms
Chris Buell at 10:25 AM ET

[JURIST] Four executives of German computer chipmaker Infineon Technologies have agreed to plead guilty to charges of participating in a price-fixing scheme, the Department of Justice reported Thursday. Under the terms of the deal, the four men, who include three Germans and one American, will serve up to six months in jail and pay $250,000 in fines. The deal was the first guilty plea in a two-year investigation into alleged price-fixing by makers of dynamic random access memory for computers. Infineon previously reached a $160 million settlement over the pricing conspiracy with the DOJ in September. Reuters has more.

11:05 AM ET - A DOJ press release on the plea deal is available.






Link |  | print | subscribe | RSS feeds | latest newscast | Facebook page

For more legal news check the Paper Chase Archive...


LATEST LEGAL NEWS

 African leaders to request Kenyan leaders be tried domestically
3:03 PM ET, May 24

 Nokia files patent infringement suit against HTC
12:38 PM ET, May 24

 Tenth Circuit hears Hobby Lobby appeal of health care ruling
11:51 AM ET, May 24

 click for more...

Get JURIST legal news delivered daily to your e-mail!

LATEST FORUM

The War on Terror and the Need for Muslim Support
DOMESTIC
Faisal Kutty
Valparaiso University Law School

ABOUT

Paper Chase is JURIST's real-time legal news service, powered by a team of 30 law student reporters and editors led by law professor Bernard Hibbitts at the University of Pittsburgh School of Law. As an educational service, Paper Chase is dedicated to presenting important legal news and materials rapidly, objectively and intelligibly in an accessible, ad-free format.

CONTACT

Paper Chase welcomes comments, tips and URLs from readers. E-mail us at JURIST@jurist.org