Report: Oak View Group CEO Charged With Bid-Rigging UT's Moody Arena Project

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Oak View Group CEO Tim Leiweke has been charged with rigging the bidding process for the University of Texas' Moody Arena in Austin. 

According to CNBC, the federal criminal conspiracy charge has already resulted in Oak View Group agreeing to pay $15 million in penalties, and the firm said Leiweke will move from CEO to vice chairman of the board, where he will remain a shareholder. 

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