Home City, Class Get OK For $13.5M Deal In Ice MDL

Law360, New York (September 3, 2010, 1:56 PM EDT) -- A federal judge has preliminarily approved a contested $13.5 million settlement between The Home City Ice Co., one of three primary defendants in long-running packaged ice multidistrict litigation, and a class of direct purchaser plaintiffs accusing it of conspiring to fix prices.

The settlement is fair, grants no preferential treatment, falls within a reasonable range and was the product of aboveboard negotiations, Judge Paul D. Borman concluded in an order Thursday in the U.S. District Court for the Eastern District of Michigan.

The judge preliminarily certified...
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