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Tim Leiweke photographed on April 28, 2023 at Oak View Group in Los Angeles.
Joel Barhamand

Tim Leiweke photographed on April 28, 2023 at Oak View Group in Los Angeles.

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Tim Leiweke to Step Down as OVG’s CEO After Being Criminally Indicted for Bid-Rigging

The government accuses Leiweke of orchestrating a "conspiracy to rig the bidding process" to win a contract to build and operate the Moody Center in Austin.

Tim Leiweke, one of the most accomplished CEOs in the live entertainment and facilities business, announced today that he is stepping down as CEO of Oak View Group (OVG) after being indicted by the Department of Justice’s Antitrust Division for bid-rigging related to the company’s 2017 contract to build the Moody Center Arena in Austin.

On Wednesday (July 9), a federal grand jury in the U.S. District Court for the Western District of Texas returned an indictment against Leiweke, alleging he orchestrated a “conspiracy to rig the bidding process for an arena at a public university in Austin, Texas.” Authorities say Leiweke conspired with the chief executive of Legends Hospitality to rig the bidding for the construction and management of Austin’s $338 million, 19,000-seat Moody Center.

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