A former executive at a Japanese computer chip maker is the latest person to agree to plead guilty in a global Justice Department price-fixing probe, the government said Thursday. D. James Sogas, ex-vice president of sales for Elpida Memory, agreed to plead guilty to violating the Sherman Act. Court papers say Sogas conspired to fix the price of DRAM chips from April 2001 to June 2002. To date, DOJ has charged four companies and 17 people, and has secured fines totaling more that $731 million in the probe.
November 17, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A former executive at a Japanese computer chip maker is the latest person to agree to plead guilty in a global Justice Department price-fixing probe, the government said Thursday.
D. James Sogas of Burlingame, Calif., ex-vice president of sales for Elpida Memory, agreed to plead guilty to violating the Sherman Act. He agreed to serve a seven-month prison term and pay a $250,000 fine if the plea deal is approved by a federal judge.
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