In its opinion awarding attorneys’ fees to Co-Lead Counsel, the Court wrote, “In almost 25 years of service on the bench, this Court has not experienced a more remarkable result.” 2016 WL 4060156, at *4. With settlements from all defendants totaling $974 million, Co-Lead Counsel achieved a sizeable recovery for the class of approximately 2,000 small, medium and large businesses. While the case was pending on appeal to the Supreme Court of the United States, Dow agreed to a settlement for $835 million, the largest settlement ever recovered in a price-fixing case from a single defendant.
In re Urethane Antitrust Litig., 768 F.3d 1245 (10th Cir. The judgment later was unanimously affirmed by the Tenth Circuit. After accounting for pre-trial settlements with other defendants of $139 million, the Court entered a final judgment for the class in the amount of $1.06 billion, the largest judgment ever obtained in a price-fixing case. After nearly a decade of litigation and a four-week trial, a jury returned a verdict for the class against The Dow Chemical Company in excess of $400 million, prior to trebling. July 29, 2016), a multidistrict price-fixing action in which the firm served as Co-Lead Counsel for a class of direct purchasers.
Cathode ray tube settlement trial#
Our attorneys have broad experience in class actions, complex discovery management, antitrust economics, expert preparation, criminal antitrust litigation, and trial practice. Since its inception, the firm has been involved in many of the most significant antitrust class actions litigated in the federal courts.
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