BASF, Hoffmann-La Roche Execs Plead Guilty To Vitamin Conspiracy Charges
This article was originally published in The Tan Sheet
Executive Summary
Three former BASF executives and a former Hoffmann-La Roche official will serve U.S. jail time and pay criminal fines after agreeing to plead guilty in Dallas federal court to charges of participating in an international vitamin price-fixing conspiracy, the Justice Department announced April 6.
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Vitamin Firms, Execs Agree To Price-Fixing Guilty Pleas, $33 Mil. Fines
German pharmaceutical giant Merck KgaA will pay a $14 mil. criminal fine after agreeing to plead guilty to Justice Department charges that it conspired to fix the price and allocate sales volume of vitamin C from early 1991 to fall 1995, the DoJ announced May 5.
Vitamin Firms, Execs Agree To Price-Fixing Guilty Pleas, $33 Mil. Fines
German pharmaceutical giant Merck KgaA will pay a $14 mil. criminal fine after agreeing to plead guilty to Justice Department charges that it conspired to fix the price and allocate sales volume of vitamin C from early 1991 to fall 1995, the DoJ announced May 5.