Earlier this month, a federal grand jury indicted Nippon Chemi-Con for antitrust violations. The indictment accuses the company of price fixing in the US electrolytic capacitor market.
Previously, the Justice Department indicted four current and former executives of the company. Seven other companies that provide capacitors to the US market also face charges in the case. Prosecutors allege that the companies and their executives conspired to fix capacitor prices between 1997 and 2014.
In this action, the company itself faces charges of wrongdoing. Prosecutors filed the case in the US District Court for the Northern District of California. The Department of Justice first acknowledged that it was investigating capacitor manufacturers in 2014. Since 2016, at least seven other companies have pled guilty to conspiracy charges related to the scheme. The case is part of the DOJ’s effort to increase antitrust actions against international companies.
Los Angeles antitrust lawyer
Antitrust charges are complex. Under the provisions of US law, price fixing actions can seek criminal penalties, civil penalties or both. In addition, individual executives can face criminal charges, as can companies themselves. When you face antitrust charges, hire an experienced antitrust lawyer like Robert Helfend.
Mr. Helfend has nearly 35 years of experience in courtroom criminal defense. He takes cases in both state and federal courts. Federal prosecutors are exceptionally aggressive, so you need an attorney who is equally aggressive.
Mr. Helfend will fight the prosecution every step of the way. Federal prosecutors achieve a very high conviction rate, but that doesn’t mean you have no options. An experienced, aggressive attorney can help you develop a strong defense strategy and confront the accusations against you.
Don’t settle for an attorney who won’t fight for you, and don’t assume there’s nothing you can do. 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: Steve Damron, via Flickr.com