Marine Equipment Price-Fixing Suits Wind Down With Deals

Law360, Los Angeles (May 10, 2012, 6:15 PM EDT) -- A California federal judge on Thursday preliminarily approved class action settlements by the remaining defendants in twin lawsuits over a purported marine equipment price-fixing scheme that have already yielded $5 million in settlements, winding down litigation over the alleged conspiracy.

U.S. District Court Judge George H. Wu granted preliminary approval to settlements by SII Inc., SHI Inc., Frank March, Urethane Products Corp., and Andrew Barmakian totaling more than $400,000, telling the parties he will determine whether the settlement with buyers of buoys, pilings and other maritime...
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Case Information

Case Title

Ace Marine Rigging and Supply Inc et al v. Virginia Harbor Services Inc et al


Case Number

8:11-cv-00436

Court

California Central

Nature of Suit

Anti-Trust

Judge

George H. Wu

Date Filed

March 17, 2011


Case Title

Board of Commissioners of the Port of New Orleans v. Virginia Harbor Services Inc et al


Case Number

8:11-cv-00437

Court

California Central

Nature of Suit

Anti-Trust

Judge

George H. Wu

Date Filed

March 17, 2011

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