USA v. Live Nation-Ticketmaster: all the news on the lawsuit that could take down a giant
See all Stories
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.
[documentcloud.org]
Most Popular
- The Apple Watch Series 12 is the start of a new wearable era
- OpenAI and Microsoft knew they were starting a ‘doom loop’ for the web
- The 2.5-hour AI-generated Odyssey movie is 2.5 hours too long
- The iPhone 18 Pro’s big camera update is all about the small gains
- This cartridge-playing Game Boy clone is smaller and cheaper than Analogue’s Pocket
