Company, VP, and employee face federal charges for conspiring to fix prices and rig bids on $100M Oklahoma public transportation contracts, potentially violating the Sherman Act with severe penalties.
Sioux Erosion Control Inc., its VP Dale Biscoe, and employee Randall David Shelton face federal charges for allegedly conspiring to fix prices and rig bids for $100M in Oklahoma public transportation construction contracts. The company and defendants are accused of manipulating prices, dividing contracts, and refusing to bid on projects. They face violations under the Sherman Act, with penalties including up to 10 years in prison and significant fines.
August 09, 2024
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