Kason, CHG Get Court OK On Price-Fixing Class Settlement

Law360, New York (October 24, 2012, 7:23 PM EDT) -- A California federal judge on Wednesday approved a class action settlement resolving claims that Kason Industries Corp. and Component Hardware Group Inc. fixed prices for components used in commercial food service equipment.

The settlement, approved by U.S. District Judge Michael M. Anello, is intended to compensate indirect purchasers of Kason and CHG products who claimed they were forced to pay third-party suppliers inflated prices for the companies' food service equipment. Under the terms of the deal, the companies will pay class members up to $720,000....
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