Security Tag Co.'s Antitrust Suit Satisfies Twombly: Judge
By Jonathan Randles
Law360, Los Angeles (February 06, 2012, 7:17 PM ET) -- The heightened standard of review set by Twombly doesn't require plaintiffs to specifically identify the lost profits they've suffered because of alleged antitrust activity, an Ohio federal judge ruled Monday in keeping alive a suit accusing Checkpoint Systems Inc. of monopolizing the security tag market.
U.S. District Judge John Adams refused to throw out Universal Surveillance Systems' complaint, saying the company had successful pled that Checkpoint's alleged anti-competitive behavior drove up prices for security tags and thwarted competition in the market. The decision is a setback...