Nashville Cream

Archives | RSS

  |  

Monday, August 6, 2012

National Skyline Gibson Settles With Government, Is Slapped With $350,000 in Fines for Importing Exotic Wood

Posted by on Mon, Aug 6, 2012 at 4:22 PM

Gibson_headstock.jpg
The saga of The Gibson Guitar Company vs. The Big, Bad Federal Government came to a close today. The U.S. Department of Justice settled its case against the Nashville-based six-string manufacturer — which the government alleged illegally imported rosewood and ebony from India and Madagascar, a violation of The Lacey Act of 1900.

Gibson, which acknowledged breaking the law, will pay a $300,000 fine and make an additional $50,000 contribution to the National Fish and Wildlife Foundation to avoid criminal prosecution in the matter. The company will also forfeit its claim to wood seized during the investigation, valued at more than $419,000.

Read the Justice Department news release in full here.

Tags: , , , , ,

Comments (3)

Showing 1-3 of 3

Add a comment

 
Subscribe to this thread:
By Email
With RSS
Showing 1-3 of 3

Add a comment

The SouthComm Set Nfocus | The City Paper | LEO Weekly | NashvillePost.com | Medical News Papers

All contents © 1995-2013 City Press LLC, 210 12th Ave. S., Ste. 100, Nashville, TN 37203. (615) 244-7989.
All rights reserved. No part of this service may be reproduced in any form without the express written permission of City Press LLC,
except that an individual may download and/or forward articles via email to a reasonable number of recipients for personal, non-commercial purposes.
Powered by Foundation