Former Diamond Electric execs to admit price-fixing - U.S. prosecutors
WASHINGTON Jan 31 (Reuters) - A former president and former vice president of Japan's Diamond Electric Manufacturing Co Ltd have agreed to plead guilty to conspiring to fix the prices of auto parts, the U.S. Justice Department said on Friday.
The plea agreement came six months after the company itself agreed to plead guilty and pay a $19 million fine for the price-fixing involving ignition coils sold to Ford Motor Co and other companies.
- Sunken Korea ferry relatives give DNA swabs to help identify dead |
- Vice-principal of South Korea school in ferry disaster commits suicide |
- Special Report: How the U.S. made its Putin problem worse
- Death toll climbs to at least 13 in worst tragedy on Everest
- All 338 Korean students, teachers rescued from sinking ferry - school official