Had the instruments been legitimate, they would have been worth about $18 million dollars.
Gibson CEO Stands by Justice Department Criticism
Gibson Guitar still feels victimized by federal agents but the Nashville-based company says it is “gratified” to avoid criminal charges. The company will pay penalties totaling $350,000 to settle illegal logging claims.
Gibson Settles Lacey Act Dispute
After years maintaining innocence, Nashville-based Gibson Guitar has entered a settlement to avoid criminal charges related to the conservation law known as the Lacey Act. The company was accused of illegally importing ebony and rosewood for its iconic electric guitars.
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