Block & Leviton partner Whitney Street was appointed to the Plaintiffs' Steering Committee in a class action case against the manufacturers of aluminum sulfate alleging that the defendants engaged in price fixing, bid rigging, and market allocation in violation of the federal antitrust laws. Members of the proposed class included water district authorities and pulp and paper companies. The misconduct occurred during the period January 1, 1997 until at least July 31, 2010. The Department of Justice and the Federal Bureau of Investigation have launched investigations, which have yielded a guilty plea by a former executive of one of the defendant companies, as well as two additional indictments.
Settlements have been reached with all Defendants in the case, totaling approximately $100 million (and which, depending on certain contingencies, could be worth as much as $114 million).
If you are interested in learning more about this case, please contact Whitney Street at (415) 968-1852 or at email@example.com.