Graco Escapes Antitrust Class Action Over Rival Buys

Law360, Los Angeles (March 11, 2014, 8:49 PM EDT) -- A Minneapolis federal judge on Tuesday tossed a putative antitrust class action against Graco Inc. and its distributors that accused the company of buying two rivals in the spray foam equipment market in a plot to rule the market and increase prices.

U.S. District Judge Ann Montgomery ruled that Calif.-based plaintiff Insulate SB Inc., which bought fast-set foam equipment from one of the defendant distributors, based it suit on acts that allegedly took place more than four years before it filed its suit, outside of federal...
To view the full article, register now.

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.