Concrete Co. Settles Price-Fixing Case For $5.5M

Law360, New York (April 6, 2010, 7:54 PM EDT) -- The remaining defendant in a concrete price-fixing class action in Indiana has agreed to pay $5.5 million to plaintiffs, in one of the few antitrust cases in history where class members are expected to receive 100 percent of what they were allegedly overcharged.

Builder's Concrete & Supply Inc. reached the agreement last week with lead plaintiffs and plans to file its proposed settlement in the U.S. District Court Southern District of Indiana within the next few days, according to attorneys for both the plaintiffs and defendant....
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.