Magnesium Oxide Cos. Fixed Prices, Class Says

Law360, New York (October 1, 2010, 3:19 PM EDT) -- Livestock feed maker Bar ALE Inc. has launched a proposed class action accusing magnesium oxide purveyors of conspiring to fix prices and allocate customers among themselves in violation of the Sherman Act.

Bar ALE filed a complaint Wednesday in the the U.S. District Court for the Southern District of New York alleging that Premier Chemicals LLC, Sumitomo Corp. of America and YAS Inc. engaged in a conspiracy that drove up the price of magnesium oxide to consumers.

The feed producer seeks to represent a class comprised...
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