Gibson To Pay $300K Fine

Posted on Aug 6, 2012

Gibson Guitar will suck it up and pay a fine for illegally importing exotic wood from Madagascar and India, the U.S. government announced. Gibson will pay a $300,000 penalty to avoid criminal charges for importing ebony and rosewood in violation of the Lacey Act, which prohibits the acquisition of plant products that are protected in other countries, the Department of Justice said in a statement. Gibson was accused of illegally...