After nearly a week of extra-innings deliberation, a New York City jury finally convicted regional concrete testing giant Testwell Laboratories on Feb. 25 of racketeering stemming from allegations it filed fake test results on more than 80 buildings.
Testwell Laboratories, its CEO, V. Reddy Kancharla, and Vice President Vincent Barone were found guilty of enterprise corruption, which carries a mandatory prison term of one year and could put the two executives behind bars for as many as 25 years.