Graco Escapes Antitrust Class Action Over Rival Buys

Law360, Los Angeles (March 11, 2014, 8:49 PM EDT) -- A Minneapolis federal judge on Tuesday tossed a putative antitrust class action against Graco Inc. and its distributors that accused the company of buying two rivals in the spray foam equipment market in a plot to rule the market and increase prices.

U.S. District Judge Ann Montgomery ruled that Calif.-based plaintiff Insulate SB Inc., which bought fast-set foam equipment from one of the defendant distributors, based it suit on acts that allegedly took place more than four years before it filed its suit, outside of federal...
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