Gibson reaches agreement on Lacey Act violations

Legal

Tuesday, August 07, 2012

Gibson Guitar Corp. on Monday entered into a criminal enforcement agreement with the United States to resolve an investigation into allegations that it violated the Lacey Act by illegally purchasing and importing ebony wood from Madagascar and rosewood and ebony from India. The agreement defers prosecution for criminal violations of the Lacey Act and requires Gibson to pay a $300,000 penalty. It further requires a community service payment of $50,000 to the National Fish and Wildl...

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