Counsel Asks Judge For OK Of Label Price-Fixing Deal

Law360, New York (June 3, 2008, 12:00 AM EDT) -- The purchasers of labelstock have asked a court to give its final approval to an $8.25 million settlement between the class and Raflatac Inc. and UPM-Kymmene Corporation.

In a motion filed Tuesday in the U.S. District Court for the Middle District of Pennsylvania, lawyers for the plaintiffs said the settlement created an $8.25 million cash fund, which has already been paid into an escrow fund for the benefit of the class and is earning interest.

The settling defendants also agreed to provide cooperation to the class...
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