Paper Company Pays $17M To Settle Allegations
The company will record the charge for the last quarter of 2007, UPM said. The settlement only includes the direct purchaser plaintiffs – not indirect purchasers.
UPM said it will pay the label-stock plaintiffs $8.25 million and an additional $9 million to the magazine-paper plaintiffs.
The Finland-based company announced the settlement Monday. No documents regarding the settlement have...