Overview
- A federal grand jury indicted Tim Leiweke on July 9, 2025, charging him under Section 1 of the Sherman Act with orchestrating a conspiracy to rig the public procurement process for the Moody Center.
- DOJ alleges that from early 2018 through June 2024, Leiweke conspired with a competitor’s CEO to induce the rival to drop out in return for promised subcontracts.
- Oak View Group and Legends Hospitality resolved corporate liability through non-prosecution agreements requiring $15 million and $1.5 million in penalties, respectively.
- The scheme resulted in Oak View Group submitting the sole qualified bid and winning the Moody Center contract, which opened in April 2022 and continues to generate revenue.
- If convicted, Leiweke faces up to 10 years in prison and a criminal fine of at least $1 million, potentially increased to twice the gain derived or loss suffered.