A former executive at a roofing company pleaded guilty for his role in a $3.5 million bid-rigging scheme for jobs at commercial properties across Florida.
Gregg Wallick, former CEO of Fort Lauderdale-based Best Roofing, pleaded guilty to one felony count of restraining trade by conspiring to rig bids in violation of the Sherman Antitrust Act.
Best Roofing, which isn’t named as a defendant or co-conspirator, and Wallick’s alleged scheme played out before the firm came under new ownership and leadership in 2024 and last year.
Wallick entered his guilty plea on Wednesday, after being charged last month. His sentencing hearing is on May 19 in front of federal Judge Raag Singhal in Fort Lauderdale. He faces a maximum of 10 years in prison, followed by three years of supervised release and an up to $1 million fine, filings show.
From September 2020 to about February 2022, Wallick worked with co-conspirators from another roofing company to agree which of the firms will submit inflated proposals intended to be the “losing” bids to prospective customers, according to a document Wallick signed Feb. 4. This led to Wallick’s company illegally obtaining more than $3.5 million, prosecutors allege.
This was “cheating” and “an unfair, illegal cheat code” against customers, including those who needed roof work and are in areas vulnerable to hurricanes, Daniel W. Glad, acting deputy assistant attorney for the Department of Justice’s Antitrust Division, said in a DOJ news release.
The scheme illegally increased costs for roofing projects, the FBI’s Brett Skiles in Miami said in the release.
Wallick’s attorneys didn’t immediately return a request for comment.
In April 2024, New York-based private equity firm Harkness Capital Partners invested in Best Roofing. Wallick said at the time that Harkness’ “expertise and resources will be invaluable” in Best Roofing’s growth strategy, the publication Roofing Contractor reported.
Best Roofing found out about the DOJ’s investigation into Wallick and placed him on administrative leave in May 2024, according to sources familiar with the company. Wallick resigned months later. His son Ian Wallick lists himself as Best Roofing’s COO on his LinkedIn, but the sources said he also is on administrative leave.
The company brought in new senior management, including appointing a new CEO, Sam Tikriti, in January 2025.
Best Roofing said it has cooperated with the DOJ’s investigation and supports ensuring “a fair and competitive market for the benefit of ethical contractors,” as well as for customers and the Florida market as a whole.
The firm has “invested heavily in enhancing our customer service, project management, and value delivery to our clients,” a spokesperson said in a statement.
The firm provides roof replacement, repair, maintenance, waterproofing and restoration services, as well as inspections and audits, according to its website.
Its website lists project sites Charter Club in Miami and Commodore Club in Key Biscayne, as well as the 39-story One Biscayne Tower office building in downtown Miami.
Wallick, who graduated from the University of Miami in 1979 with an MBA, has also been trading in South Florida properties, with his LinkedIn listing him as a self-employed real estate investor since 2024.
An entity managed by Wallick sold the 93,200-square-foot warehouse at 1600 Northeast 12th Terrace in Fort Lauderdale for $17.5 million to an aviation services firm in 2022.
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