The former president of an automotive parts company pleaded guilty yesterday and was sentenced to serve 18 months in a U.S. prison for his role in a conspiracy to fix prices and rig bids for the sale of automotive body sealing products sold in the United States, the Justice Department announced.
Keiji Kyomoto, a former executive of an automotive body sealing products supplier based in Hiroshima, Japan, and former president of its U.S. joint venture, pleaded guilty yesterday in the U.S. District Court for the Eastern District of Kentucky to a single-count indictment charging him with bid rigging and price
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