Vitamin C Classes Blast Bid To Nix $153M Antitrust Verdict

Law360, New York (May 13, 2013, 3:02 PM EDT) -- The class alleging North China Pharmaceutical Group Corp. and its vitamin C unit fixed prices pushed back Friday against NCPG’s bid to dismiss the suit in New York federal court and toss a recent $153 million damages award, saying China didn’t compel the companies’ illegal conduct.

The direct purchaser damages class and the injunction class argue that evidence at trial and the jury verdict show that whether China forced the collusive conduct through regulations and the China Chamber of Commerce for Medicine and Health Products Importers...
To view the full article, register now.

Documents

Related

Sections

Case Information

Case Title

In Re Vitamin C Antitrust Litigation


Case Number

1:06-md-01738

Court

New York Eastern

Nature of Suit

Anti-Trust

Judge

Brian M. Cogan

Date Filed

February 22, 2006

Law Firms

Companies

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.