A Metro-North Railroad employee faces antitrust charges for bid-rigging. According to prosecutors, the man steered more than $10M in waste-disposal and asbestos removal contracts to a New York firm.
Charged in the scheme is a former contract manager for Procurement and Material Management for the Metropolitan Transportation Authority’s Metro-North Railroad. Prosecutors say that the employee provided inside information to a company in exchange for $70,000 in kickbacks. Prosecutors also charged two company executives with participating in the scheme.
In one case, the employee provided scoring information assembled by Metro-North bid evaluators to help the company change its presentation. The employee also steered sub-contract work to the firm after providing confidential bid information. The company used the information to underbid the lowest bidder. In exchange, the company provided both direct cash payments to the employee and made thousands of dollars in mortgage payments on his behalf.
Los Angeles antitrust lawyer
Federal antitrust laws provide for both civil and criminal penalties. Individuals and corporations can face criminal charges. Antitrust laws prohibit certain anti-competitive practices, including bid-rigging, price-fixing and market allocation. When you face federal criminal antitrust charges, your best defense strategy is to hire an experienced criminal antitrust lawyer like Robert Helfend.
Mr. Helfend has 35 years of experience in criminal antitrust defense. He takes criminal antitrust defense cases in any US District Court. Mr. Helfend is a top-rated defender, and knows what it takes to successfully defend clients in court.
Many federal defendants believe that their only option is to plead guilty. While federal prosecutors do have a high conviction rate, the right defense strategy could make you a less inviting target.
Don’t settle for inexperience, and don’t assume that your best defense is a plea deal.Contact Robert Helfend or call toll-free at (800) 834-6434, (310) 456-3317, (818) 591-2809 or (805) 273-5611 for an immediate consultation on your Los Angeles County antitrust case.
Photo Credit: Peter Burka, via Flickr.com