The three were charged with participating in a conspiracy to rig bids and have agreed to serve prison sentences of 14 to 19 months, the Justice Department said today in a statement.
The charges stem from an investigation into price-fixing in the auto-parts industry. In September, nine Japanese companies agreed to plead guilty and pay $740 million in fines for their roles in conspiracies to fix prices of more than 30 products sold to carmakers.
The three Takata executives -- Yasuhiko Ueno, Saburo Imamiya and Yoshinobu Fujino -- agreed to cooperate in the investigation. Takata, based in Tokyo, agreed to pay a $71.3 million criminal fine in October.
The cases are U.S. v. Ueno, 13-cr-20869; U.S. v. Imamiya, 13-cr-20871; U.S. v. Fujino, 13-cr-20870, U.S. District Court, Eastern District of Michigan.
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