- Posted September 30, 2011
- Tweet This | Share on Facebook
Grand jury indicts three in price-fixing case
DETROIT (AP) -- A grand jury in Detroit has indicted three people in an investigation of fixing prices on compressors used in refrigerators and freezers.
The defendants include Ernesto Heinzelmann, former president and chief executive at Embraco, a division of Michigan-based Whirlpool. The others are Gerson Veríssimo, former president of a subsidiary of Tecumseh Products, and Naoki Adachi, a former executive at Panasonic.
The government says the three were engaged in an international conspiracy. The indictment was filed Tuesday in federal court in Detroit. No defense attorneys were listed yet on the docket. Price fixing carries a maximum penalty of 10 years in prison.
Embraco and Panasonic pleaded guilty last year and together agreed to pay $140 million.
Published: Fri, Sep 30, 2011
headlines Oakland County
- Youth Law Conference
- Oakland County Executive Coulter announces $3M pledge by Penske Family Foundation to Integrated Care Center
- Jury convicts Kalamazoo man in 2005 cold-case sexual assault
- Whitmer signs bills defending Michigan’s fair and free elections by protecting Michigan voters and supporting public safety
- Supreme Court doesn't seem convinced FDA was unfair in blocking flavored vapes as teen use increased
headlines National
- Lucy Lang, NY inspector general, has always wanted rules evenly applied
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- 2024 Year in Review: Integrated legal AI and more effective case management
- How to ensure your legal team is well-prepared for the shifting privacy landscape
- Judge denies bid by former Duane Morris partner to stop his wife’s funeral
- Attorney discipline records short of disbarment would be expunged after 8 years under state bar plan
