Court OKs Home City's $14M Deal In Ice Antitrust MDL

Law360, New York (February 23, 2011, 7:11 PM ET) -- A federal judge in Michigan gave final approval Tuesday to a $13.5 million settlement between The Home City Ice Co. and a class of direct purchaser plaintiffs who claimed the company conspired to fix prices for packaged ice.

Finding the settlement "fair, adequate and reasonable," Judge Paul D. Borman of the U.S. District Court for the Eastern District of Michigan approved the agreement, which resolves all claims against Home City, one of three primary defendants in the long-running packaged ice multidistrict litigation.

Judge Borman also gave...
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