Federal and International

T.RAD Executive Agrees to Plead Guilty to Bid Rigging and Price Fixing on Automobile Parts Installed in U.S. Cars

Washington, DC—(ENEWSPF)—December 1, 2014. An executive of Japan-based T.RAD Co. Ltd. has agreed to plead guilty and to serve one year and one day in a U.S. prison for participating in a conspiracy to fix prices of radiators installed in cars sold in the United States and elsewhere, the Department of Justice announced today.

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A one-count felony charge was filed today in the U.S. District Court for the Eastern District of Michigan in Detroit against…

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