Former Grey Exec Mosallem Surprises With Guilty Plea

NEW YORK Mitch Mosallem, who headed the print production department at Grey Worldwide, has pleaded guilty to 11 counts of anti-trust, conspiracy, mail fraud, bid rigging and tax evasion in U.S. District Court in Manhattan. The charges stem from an ongoing investigation of the print and advertising industries by the Justice Department’s Antitrust Division.

The move surprised many courtroom observers and drew an angry response from U.S. District Court Chief Judge Thomas Griesa, who said it was “an imposition” that he had only a half-day to consider the agreement when the case had been on the calendar for so long.