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Keyword: alliedtelesislabs

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  • Company's plan for Iran trade brings guilty plea

    03/18/2008 6:32:33 PM PDT · by nuconvert · 2 replies · 370+ views
    News&Observer ^ | Mar. 18, 2008
    Company's plan for Iran trade brings guilty plea Mar. 18, 2008 Allied Telesis Labs, a telecommunications research company with offices on NC State's Centennial Campus, entered a guilty plea today to conspiring to trade illegally with Iran. According to a federal court press release, the company conspired to land and carry out a $95 million contract to rebuild telecommunications systems in Iranian cities including Teheran. The guilty plea followed a written plea agreement and required the defendant to pay a fine of $500,000. The plea came in federal court in Raleigh to charges of conspiracy to violate the International Emergency...