U.S. Department of Justice Antitrust Update

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Insulation Contracting Firm Sentenced for Rigging Bids

11/07/2022 12:00 AM EST

Axion Specialty Contracting LLC (Axion) was sentenced to pay a $1,001,989 criminal fine and $313,121 in restitution on Nov. 4 in Bridgeport, Connecticut, for its participation in a bid-rigging scheme targeting public and private entities in Connecticut. This is the third sentencing arising out of a long-running investigation into the insulation contracting industry. 

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