Litigation & Arbitration
Nov. 20, 2023
GM manager guilty of soliciting $5M bribe for car parts contract
In October 2015, the defendant asked South Korean company Wookyung MIT for $5 million in cash for a contract that was supposed to be awarded through a competitive bidding process, the U.S. Department of Justice said.
Following a weeklong federal trial, a former General Motors manager was found guilty by a Los Angeles jury of soliciting a $5 million bribe in exchange for a $100 million car parts contract.
“We are disappointed in, but respect, the jury’s decision,” stated an email Friday from defense attorneys Ryan P. Poscablo and Steven H. Levin at Steptoe & Johnson LLP and Newport Beach attorney H. Dean Steward. They represented Hyoung Nam So of I...
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