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| Name | Symbol | Market | Type |
|---|---|---|---|
| Bridgestone Corp (PK) | USOTC:BRDCY | OTCMarkets | Depository Receipt |
| Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.39 | 2.35% | 17.02 | 16.53 | 17.32 | 17.06 | 16.81 | 16.89 | 126,996 | 22:00:02 |
From Jan 2020 to Jan 2025
Bridgestone Corp. (BRDCY) will plead guilty and pay a $28 million criminal fine for participating in bid-rigging and bribery conspiracies related to the sale of marine hose, the Justice Department announced Thursday.
The department said Bridgestone was part of an antitrust cartel that affected prices for hundreds of millions of dollars worth of marine hose, which is used to transfer oil from tankers to storage facilities.
Bridgestone conspired to rig bids, fix prices and allocate market shares in the U.S. and elsewhere, the department said. It also said the company conspired to pay bribes to officials in Latin America to win business.
The company's actions took place from 1999 until as late as May 2007, the department said.
Bridgestone is the fifth company to be charged in the department's ongoing marine-hose investigation.
-By Brent Kendall, Dow Jones Newswires; 202-862-9222; brent.kendall@dowjones.com
1 Year Bridgestone (PK) Chart |
1 Month Bridgestone (PK) Chart |
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