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U.S.: Auto-parts price-fixing probe leads to prison time for former exec

 |  November 19, 2012

An Ohio newspaper is reporting that former executive at a Washington Court House company Hiroshi Yoshida will serve prison time and pay $20,000 in fines after pleading guilty to price-fixing. The Justice Department began an investigation into the auto-parts industry that has since been expanded to include a look into the sector’s makers of anti-vibration rubber components, which led to Yoshida’s guilty plea. He was sentenced to 12 months in prison. While Yoshida’s company was not named, court documents say his business is based in Saitama, Japan.

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