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A live entertainment CEO was indicted over an alleged bid rigging scheme.

The Justice Department released an unsealed indictment against Oak View Group CEO Timothy Leiweke, alleging he conspired with competitor Legends Hospitality to rig the bids for an arena project. Leiweke allegedly convinced Legends not to bid on the project in exchange for subcontracts he later reneged on. The DOJ says Oak View and Legends cooperated and entered non-prosecution agreements, including penalties of $15 million and $1.5 million, respectively.

Oak View Group said in a statement it “cooperated fully” and “is pleased to have resolved this matter with no charges filed against OVG and no admission of fault or wrongdoing.” Leiweke spokesperson Ellen Davis, however, said he “has done nothing wrong and will vigorously defend himself and his well-deserved reputation for fairness and integrity.”

Update: Added comment from Oak View and Leiweke.

Leiweke Indictment

[documentcloud.org]

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