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LAWSUITS NEWS & LEGAL INFORMATION

Bid Rigging

Hartford, CT: (Feb-21-08) Attorney General Richard Blumenthal and Department of Consumer Protection Commissioner Jerry Farrell Jr. brought charges against Industrial Steel & Boiler Services Inc., over allegations of illegal bid rigging in the heating, ventilation and air-conditioning industry over the course of several years. Blumenthal Farrell also brought charges against B-G Mechanical Services for their participation in HVAC bid rigging.

Sources close to the case stated that the plaintiffs have reached settlements with all companies and individuals sued for their participation in HVAC bid rigging that was orchestrated by B-G Mechanical Services. The settlements have obtained over $500,000 in penalties and restitution. Consumers harmed by the scheme include the state, CT Transit, Vernon Waste Water Pollution Control Authority and others. In the lawsuit against Industrial Steel & Boiler Services Inc., sources said that one of its owners, William O'Neil, will pay a civil penalty of $50,000 and institute an antitrust compliance and training program at the company. [HARTFORD BUSINESS: BID RIGGING]


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Published on Feb-24-08


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