July 29, 2016
A Kansas federal judge on Friday approved an $835 million settlement between Dow Chemical and a customer class alleging it fixed prices on a foam product ingredient, overruling objections by PMC Global Inc. and calling the manufacturer's claims for purchases between 1999 and 2000 "simply dead."
July 26, 2016
Manufacturer PMC Global Inc. on Monday told a Kansas federal court it objected to a plan to allocate an $835 million settlement with Dow Chemical over price-fixing allegations, saying the fund should reimburse class members who purchased an ingredient used in foam products during 2000 and earlier.
July 18, 2016
After a class of purchasers of an ingredient used in foam products reached an $835 million settlement with Dow Chemical over price-fixing allegations, their attorneys on Friday justified their asking to be awarded one-third of the amount in a Kansas federal court, saying objectors are ignoring the extraordinary results in the case.
April 28, 2016
A Kansas federal judge granted preliminary approval Wednesday to an $835 million settlement between Dow Chemical and a class of purchasers of an ingredient used in foam products, amounting to three-quarters of a judgment imposed on Dow after trial, saying the agreement appears to fairly resolve the purchasers' price-fixing claims.
February 03, 2014
A Kansas federal judge refused Monday to dismiss antitrust claims several urethane purchasers brought against The Dow Chemical Co., rejecting Dow's request to ax the suits because some of the plaintiffs' employees pled the Fifth Amendment during depositions.
October 02, 2013
A Kansas federal judge on Tuesday agreed to stay a $1.06 billion judgment against Dow Chemical Co. while the company appeals the decision in a class action accusing it of fixing the price of chemicals used to make urethane foam.
August 23, 2013
The Dow Chemical Co. on Thursday appealed an amended $1.06 billion judgment entered against it in Kansas federal court to to the Tenth Circuit, arguing the lower court miscalculated the damages in an antitrust class action alleging Dow schemed with BASF Corp., Huntsman International LLC and other rivals to fix the price of urethane.
July 26, 2013
A Kansas federal judge on Friday reduced a $1.2 billion class action judgment against Dow Chemical Co. by $139 million in order to offset settlements other companies reached to avoid trial over claims that they too participated in a urethane price-fixing scheme.
July 24, 2013
A $1.2 billion class action verdict against Dow Chemical Co. from earlier this year precludes the company from arguing at a future trial that it did not violate U.S. antitrust laws for allegedly participating in a price-fixing conspiracy, a group of urethane purchasers told a Kansas federal judge on Tuesday.
June 07, 2013
Dow Chemical Co. pushed a Kansas federal court Thursday to alter a judgment that upped to $1.2 billion a jury verdict against the company in multidistrict price-fixing litigation brought by urethane buyers, arguing the judgment did not square with the verdict.