$15M Deal In Polyurethane Foam Antitrust MDL Gets Initial Nod

Law360, New York (January 23, 2012, 4:28 PM EST) -- An Ohio federal judge on Monday granted preliminary approval of a $15 million settlement between polyurethane foam makers and a putative class of consumer plaintiffs, despite the protests of several nonsettling defendants in the same multidistrict litigation.

U.S. Magistrate Judge James Knepp agreed to Vitafoam Inc. and Vitafoam Products Canada Ltd.'s $9 million settlement, which could stretch into $15 million, and allowed the plaintiffs to send a notice to potential class members to allow them an opportunity to object. He did not certify the class....
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.