Department of Justice Office of Public Affairs FOR IMMEDIATE RELEASE Friday, January 31, 2020 Hybrid Tech Holdings LLC, Hybrid Technology LLC, and Ace Strength International LTD, have agreed to resolve allegations that they violated the False Claims Act by colluding to rig the bidding of an auction to purchase the United States Department of Energy’s non-performing loan to Fisker Automotive Inc. and Fisker Automotive Holdings Inc, the Department of Justice announced today. “The department is committed to ensuring a level playing field for those who seek to do business with the government,†said Assistant Attorney General Jody Hunt of the...
