Dow To Pay $400M To End Opt-Out Urethane Price-Fix Claims

Law360, Los Angeles (April 6, 2016, 7:28 PM EDT) -- Dow Chemical Co. said Wednesday that it has agreed to pay $400 million to settle antitrust claims by customers who opted out of a class action accusing the company of fixing the price of urethanes, a month after agreeing to drop its U.S. Supreme Court appeal and pay class members $835 million.

Dow was accused of colluding with other businesses to artificially inflate the prices of urethane chemicals. (Credit: AP) The settlement was reached amid a jury trial that began March 8 in New Jersey federal court. On Tuesday, U.S. District Judge William J. Martini agreed to dismiss the suit with...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!