The developer and operator of the Moody Center has been indicted by a federal grand jury over allegations of bid-rigging related to the arena’s development.
Tim Leiweke, CEO of Denver-based Oak View Group, was indicted on a federal criminal conspiracy charge related to his alleged role in rigging bids to develop, manage and operate the University of Texas basketball arena in Austin.
The $375 million Moody Center opened in April 2022 and has hosted major concerts and athletic events. Prosecutors argue the alleged conspiracy denied the university a fair bidding process and involved significant interstate commerce through out-of-state contractors and funding.
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