McShares Booted From Peroxide Price-Fixing MDL

By Brendan Pierson

Law360, New York (March 18, 2010, 1:22 PM ET) -- A federal judge has dismissed chemical company McShares Inc.'s complaint from multidistrict litigation over alleged price-fixing by hydrogen peroxide manufacturers, ruling that McShares' claims were time-barred.

Judge Stewart Dalzell of the U.S. District Court for the Eastern District of Pennsylvania on Wednesday granted a motion filed by defendants FMC Corp., Eka Chemicals Inc., Akzo Nobel Inc. and Solvay Chemicals Inc. to dismiss the suit, which McShares filed in February 2009.

McShares, which is based in Kansas, had claimed that it didn't find out that it had...
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