Law360, New York (December 18, 2012, 1:37 PM EST) -- Japanese ink manufacturer Toyo Ink SC Holdings Co. Ltd. will pony up $45 million to settle a suit brought under the False Claims Act that it intentionally mislabeled the country of origin on shipments of paint pigment to avoid duties, U.S. prosecutors said Tuesday.
Prosecutors alleged Toyo Ink violated the False Claims Act by misrepresenting that shipments of colorant carbazole violet pigment number 23 from India and China had come from Mexico and Japan.
The U.S. levies steep anti-dumping and countervailing duties on Indian and Chinese...
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