The Los Angeles District Attorney dismissed felony charges of bribery and conspiracy filed against Pasquale Rotella on Thursday, August 4, 2016. The Insomniac CEO went to trial on August 1 with promoter Reza Gerami and former L.A. Memorial Coliseum event manager Todd DeStefano for alleged bribery, conspiracy and payment of $1.9 million in kickbacks.
The allegations were first made in 2010 after police investigated the finances of the L.A. Memorial Coliseum following the death of a 15-year-old at Electric Daisy Carnival, but the trial was postponed multiple times.
"I am so pleased that all of the charges in the grand jury indictment against Mr. Rotella have now been dismissed. We have maintained from day one that Mr. Rotella is innocent, and today’s dismissal finally confirms this. I am elated for Mr. Rotella and his family," Rotella's attorney Gary Jay Kaufman was quoted.
Pasquale issued the following statement regarding the verdict.
"I always knew the charges were politically motivated and publicity driven. While it's taken too long to finally put this behind me, I can now focus my energy where it belongs: my family and my company. Thank you to everyone who has supported me through this.”
Read more about the allegations and trial here.