Yates Accuses Pipe Fittings Cos. Of Price-Fixing Scheme

Law360, New York (January 11, 2012, 6:06 PM EST) -- A putative class led by Yates Construction Co. Inc. accused three of the largest U.S. suppliers of ductile iron pipe fittings of conspiring to fix prices for the products Tuesday in New Jersey, following on the heels of last week's Federal Trade Commission complaint making similar claims.

The company accused McWane Inc., Star Pipe Products Ltd. and Sigma Corp. of participating in an illegal scheme to set the prices of all imported pipe fittings, which are used in pipeline systems that transport drinking and waste water...
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