Time Says Anderson Lied About Meeting In Antitrust Suit

Law360, New York (November 6, 2012, 4:49 PM EST) -- Time Inc. and others accused of sinking bankrupt magazine wholesaler Anderson News LLC urged a New York federal court Monday to sanction Anderson for alleging in its recent antitrust complaint the occurrence of a conspiratorial meeting that the defendants called a “sheer fabrication.”

Time, Hudson News Distributors LLC, Hearst Communications Inc., Rodale Inc. and other defendants asked the court to award sanctions and strike the 63rd paragraph from the amended complaint Anderson News filed Sept. 7, arguing that the plaintiffs had no reasonable basis for claiming...
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