Today, a Texas federal jury found the former owner of a physical therapist staffing company guilty of obstructing a Federal Trade Commission investigation into the company’s alleged anticompetitive conduct. The FTC had referred the case to the Department of Justice, which subsequently prosecuted the case alleging both criminal wage fixing and obstruction of the FTC’s case. The Eastern District of Texas jury found the company’s former owner Neeraj Jindal guilty of obstruction of justice for obstructing the FTC investigation.
“Today’s guilty verdict should serve as a warning to companies and their top executives that contemplate obstructing FTC investigations,” said Director of the FTC’s Bureau of Competition Holly Vedova. “The FTC will continue to work closely with the DOJ and will not hesitate to refer companies and executives for criminal prosecution for obstructing FTC investigations and threatening the Agency’s ability to protect competition and American consumers.”