Webkinz Maker To Pay $2.5M To End Antitrust MDL

Law360, New York (June 25, 2012, 12:15 PM EDT) -- The maker of Webkinz toys will pay $2.58 million to settle multidistrict litigation that it forced retailers to buy unrelated gifts in order to sell the plush animals, in breach of antitrust laws, according to a preliminary settlement a California federal judge approved Friday.

U.S. District Judge Richard Seeborg signed off on the proposed settlement between retailers and Webkinz maker Ganz Inc., allowing settlement notices to be sent to class members and setting a final approval hearing on Sept. 23.

"The court hereby preliminarily approves the...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

In Re: Webkinz Antitrust Litigation


Case Number

3:08-md-01987

Court

California Northern

Nature of Suit

Anti-Trust

Judge

Richard Seeborg

Date Filed

October 17, 2008

Law Firms

Companies

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.