Pasquale Rotella of  EDC NYC

Pasquale Rotella of EDC NYC attends AOL Build Speaker Series at AOL Studios In New York on April 13, 2016 in New York City.  

 John Lamparski/WireImage

Pasquale Rotella is having a good Friday. Yesterday (Aug. 5), the Los Angeles County District Attorney's Office dismissed all felony charges of bribery, embezzlement, and conspiracy against him, ending an arduous chapter in the Insomniac CEO's life and career.

“I always knew the charges were politically motivated and publicity driven,” Rotella says in an email statement. “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.”

Listen to 20 Standout Sets From EDC Las Vegas 2016: Eric Prydz, Kaskade, Jauz & More

Rotella was accused of giving about $2 million in kickbacks to the event manager of the LA Coliseum before moving Electric Daisy Carnival to its current home in Las Vegas. Rotella did plead no contest Thursday afternoon to a single count of misdemeanor conflict of interest. According to the Los Angeles Times, he will pay $150,000 to the LA County and serve three years of probation.

“I am so pleased that all of the charges in the grand jury indictment against Mr. Rotella have now been dismissed,” says his lawyer Gary Jay Kaufman in an email statement. “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.”