Judge OKs Marine Equipment Price-Fixing Class Settlements

Law360, Los Angeles (September 24, 2012, 8:29 PM EDT) -- A California federal judge on Monday gave final approval to class action settlements in companion lawsuits over an alleged price-fixing scheme for marine equipment, winding down litigation that has yielded more than $5 million in payouts to purchasers of buoys, marine pilings and other equipment used to protect boats during docking.

U.S. District Court Judge George H. Wu signed off on the settlements that resolve claims against SII Inc., SHI Inc., Frank March, Urethane Products Corp. and Andrew Barmakian, which were accused of participating in a...
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