Korean Executive to Serve Time after Department of Justice Investigation

                The Department of Justice (DOJ) has reached a plea agreement with an executive at Hitachi-LG Data Storage Inc. (HLDS), according to a press release issued by the DOJ on April 30, 2012.  The executive, Woo Jin Yang, pled guilty to violating the Sherman Act by participating in a bid-rigging scheme while working at Hitachi, and will serve six months in a U.S. prison and pay a $25,000 dollar fine.[1]