Deals Reached In Magnetic Tape Price-Fixing Suit
Titan Kogyo K.K. and its American subsidiaries will pay members of the class $800,000, and Toda Kogyo Corp. will pay $2 million.
The payments will settle a lawsuit that alleged the two were part of a scheme to “fix, maintain, and stabilize the prices and to allocate the worldwide markets for magnetic iron oxide,” according to a motion filed in United States...
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