By Marc Tracy (June 19, 2007, 12:00 AM EDT) -- Aquila Merchant Services Inc. has agreed to a $1 million settlement in a massive antitrust class action alleging natural-gas price manipulation, joining the lawsuit's five other settling companies and bringing the total settlement figure to $11.3 million.
Judge Philip M. Pro of the U.S. District Court for the District of Nevada on Thursday granted preliminary approval of the Aquila settlement. The plaintiffs and Aquila reached the settlement agreement on April 27, only a few days before Pro's May 1 order granting preliminary approval to five companies' combined $10.3 million settlement.
Those companies, who make up the settlement class along with Aquila,...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!