Infineon execs to get prison terms
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Four sales executives of German chipmaker Infineon Technologies have agreed to plead guilty to participating in a conspiracy to fix the prices of computer memory chips, the US Department of Justice said Thursday.
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Prosecutors are recommending that former Qwest Communications International chief Joseph Nacchio serve more than seven years in prison for insider trading during the telecommunications boom.
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Former Qwest CEO Joseph Nacchio should serve more than seven years for insider trading, prosecutors recommend.
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SEOUL: South Korean microchip makers said they face a US investigation into a price-fixing conspiracy in which German maker Infineon technologies has already suffered heavy fines.
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Brocade Communications Systemsâ former chief executive  received a 21-month prison sentence for designing a plan to tamper with the firmâs records of stock option grants.
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Four Infineon (Quote, Chart) executives agreed to plead guilty to charges they conspired to fix prices in the computer memory sector, officials said Thursday.
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Former ImClone Systems Inc. Chief  Executive Sam Waksal has agreed to pay a $3 million fine to  settle charges in the insider trading that put his friend,  style entrepreneur Martha Stewart, in prison last year, U.S.  regulators said on Wednesday
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DECEMBER 17, 2004  - Two 21-year-old Michigan men were sentenced -- one to nine years and one to 26 months in federal prison -- for conspiring to hack into the IT systems of national home center chain Lowe&#39;s Companies Inc.
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Germany&#39;s Infineon Technologies AG has agreed to plead guilty to charges of price-fixing and pay a $160 million fine as part of a US investigation into the computer-memory chip industry, US antitrust authorities said Wednesday.
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Four Infineon Technologies executives have agreed to pay US$250,000 fines and serve prison time in the US for their roles in an international conspiracy to fix prices for DRAM computer memory chips, the Justice Department announced yesterday.
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Four sales executives of German microchip firm Infineon plead guilty to price fixing and accept jail terms, the US Justice Department says.
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A Massachusetts businessman accused of bilking the company out of millions of dollars worth of networking gear faces 20 years in prison and a $250,000 fine. By the Associated Press.
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Four executives of German memory chip maker Infineon Technologies AG have agreed to plead guilty to participating in a conspiracy to fix computer memory chip prices, the Department of Justice said Thursday.
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German computer chipmaker Infineon Technologies AG has agreed to plead guilty to price fixing and will pay a $160 million fine, the Justice Department announced yesterday.
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EnronÂs former chief financial officer received a sentence that was two years less than the maximum provided in his plea agreement.
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WASHINGTON -- German chipmaker Infineon (Quote, Chart) has agreed to plead guilty and pay a $160 million fine for participating in what the Department of Justice (DOJ) calls an international price-fixing conspiracy in the memory chip market.
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Four executives at German memory supplier Infineon and its US subsidiary pleaded guilty to charges of illegally setting prices for PC memory chips, the US Department of Justice (DOJ) announced Thursday.