Kentucky contractor indicted

Two men charged with four counts in bid-rigging case

News The Republic June 17, 2011
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Managers of a Knoxville, Ky., highway construction contractor have been indicted by a federal grand jury, the Columbus, Ind., Republic reported. Allen Roy DeFoe, founder, and Kevin Eugene Peel, vice president, of Tennessee Guardrail are charged with destroying company records to keep them from a task force investigating bid-rigging in state contracts.

The federal task force was formed in 2004 to look into whether contractors were colluding to inflate contract prices by agreeing not to bid against each other. Such activity would be a violation of antitrust laws.

The indictment says DeFoe and Peel took several boxes of documents to be shredded after receiving a subpoena from a federal grand jury for company records.

Peel’s attorney declined to comment to The Republic, and DeFoe’s attorney did not immediately return a phone message.

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