Judge Tosses U.S. Wheat Farmers' Oil-For-Food Suit

Law360, New York (March 27, 2008, 12:00 AM EDT) -- A federal judge has thrown out an antitrust class action brought by U.S. farmers alleging that Australia's wheat exporter pushed down U.S. domestic prices by paying millions of dollars in bribes to Saddam Hussein's regime under the United Nations' oil-for-food program.

Judge Gerard Lynch of the U.S. District Court for the Southern District of New York granted summary judgment to AWB Ltd. in an order Tuesday, ruling that the link between the alleged kickbacks and a drop in U.S. wheat prices was too flimsy a basis...
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