In late October, Lindsey Manufacturing Company and two of its executives were indicted on conspiracy charges, accused of bribing government officials at Mexico's state-owned utility in exchange for obtaining lucrative contracts. The executives were each charged with eight counts, including conspiracy to violate the FCPA and money laundering. If convicted, each faces more than 50 years in prison.

Federal prosecutors claim that the company paid more than $5 million to an intermediary that was used to buy a Mexican official a yacht called the “Dream Seeker” for $1.8 million and a Ferrari for nearly $300,000. The official’s name is listed as "N.M." in court documents. A Nestor Moreno recently resigned as director of operations for Mexico's national electric utility, and that country's federal attorney general's office has opened an investigation against him.

Lindsay designs and manufactures emergency restoration systems for power transmission lines.