Four Infineon execs heading to jail on price-fixing charges
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Four Infineon executives will serve jail time after pleading guilty to being part of an &quot;international conspiracy&quot; to fix the price of computer memory, the US Department of Justice announced today.
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Cisco Systems Inc. said today that four of its workers in Brazil were under arrest in connection with an alleged scheme to import Cisco gear and evade taxes.
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Former execs had been charged with fraudulent wire communications, identity theft and conspiracy.
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THREE German executives and an American with microchip giant Infineon Technologies face jail terms and fines under plea agreements to settle a US probe into price-fixing, according to the Justice Department.
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BERLIN Infineon Technologies said Thursday that it had set aside enough funds to settle additional antitrust probes and civil suits after agreeing to plead guilty in the US to fixing prices for memory chips.
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Computer chip maker Infineon Technologies AG posted a 10 percent drop in net profit for the fourth quarter after taking large charges to cover potential civil claims from US and European antitrust actions, the company said Tuesday.
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Infineon Technologies AG (NYSE: IFX) announced Wednesday it will plead guilty to violating anti-trust laws, and will pay a $160 million fine.
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James G. Marquez, a founder of several Bayou Management hedge funds was sentenced to more than four years in prison for a scheme to defraud investors.
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Federal prosecutors announced on Wednesday that they had cracked a global cartel that had illegally fixed prices of memory chips in personal computers and servers for
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THE DEPARTMENT of Justice said that four employees of Infineon have pleaded guilty to charges of price fixing DRAM. Three German citizens and one US citizen will each pay $250,000 in fines as well as serving between four to six months in jail.
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Becomes the first company to plead guilty to conspiring with manufacturers to fix the prices of DRAM chips in a 2-year probe. WASHINGTON/SAN FRANCISCO: Germany&#39;s Infineon Technologies AG has agreed to plead
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The former chief executive of Brocade Communications Systems Inc. was sentenced on Wednesday to 21 months in prison for orchestrating a scheme to tamper with financial records of stock options the company offered.
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Four executives at Infineon Technologies AG, one of the world&#39;s largest makers of memory chips, have agreed to plead guilty to criminal charges of price fixing in federal court, authorities said Thursday.
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Three former Countrywide Financial Corp.  executives agreed to plead guilty to charges they conducted insider trading in shares of the large U.S. mortgage lender, and each reaped tens of thousands of dollars in illegal profits, federal prosecutors said.
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NEW YORK, December 6  - The US Department of Justice has imposed steep fines and announced jail terms for four senior executives of Infineon Technologies (IFX.
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German microchip giant Infineon Technologies agreed to plead guilty and to pay a 160 million dollar fine for participating in &quot;an international conspiracy to fix prices,&quot; US officials said.
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German microchip giant Infineon Technologies agreed to plead guilty and to pay a 160 million dollar fine for participating in &quot;an international conspiracy to fix prices&quot; US officials said.