Company Also Agrees to Pay $2.75 Million Criminal Fine
WASHINGTON—(ENEWSPF)—April 3, 2012. Toyota City, Japan-based G.S. Electech Inc. has agreed to plead guilty and to pay a $2.75 million criminal fine for its role in a conspiracy to fix the prices of auto parts used on antilock brake systems installed in U.S. cars, the Department of Justice announced today.
According to a one-count felony charge filed today in the U.S. District Court for the Eastern…
