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Tim Leiweke Steps Down as CEO of Oak View Group Following Indictment on Conspiracy Charge
Oak View Group CEO Tim Leiweke stepped down from his post as CEO following an indictment on a conspiracy charge.
According to the Justice Department’s Antitrust Division, the maximum penalty for that offense is 10 years in prison and a $1 million criminal fine. “The Antitrust Division and its law enforcement partners will continue to hold executives who cheat to avoid competition accountable.” Leiweke denied rigging the bid for Moody Center Arena in his note to employees obtained by Billboard.
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