Chemtura resolves tyre firm action with payout

Crow, Pat; Gibson, Jane
October 2006
ICIS Chemical Business;10/9/2006, Vol. 1 Issue 38, p8
Trade Publication
This article reports on a payment to be made by Chemtura to tyre companies to settle their class-action lawsuit involving price fixing in the rubber chemicals industry. Chemtura pleaded guilty to government antitrust charges, and agreed to pay fines in the U.S. and Canada. The plea came after an investigation by the U.S. Department of Justice found that Chemtura, along with and other firms, conspired to eliminate competition for chemicals used in tyres.


Related Articles

  • Chemtura opts out.  // Chemical Market Reporter;10/24/2005, Vol. 268 Issue 14, p5 

    Reports that Chemtura Corp. is rescinding part of its class-action settlement and will negotiate directly with the claimants in the U.S. Number of plaintiffs who opted out of the deal; Reason of the company for opting out of the global settlement; Amount previously agreed by Chemtura to pay to...

  • Chemtura to Renegotiate Settlement Terms. Seewald, Nancy // Chemical Week;10/26/2005, Vol. 167 Issue 35, p14 

    Reports on the decision of Chemtura, the company formed from the merger of Crompton and Great Lakes Chemical, to cancel parts of a settlement agreement in a rubber chemicals price-fixing class action lawsuit and will negotiate directly with the claimants in the cases. Terms of the settlement.

  • McKesson agrees to pay $350 million settlement.  // Modern Healthcare;11/24/2008, Vol. 38 Issue 47, p4 

    The article reports on the decision of pharmaceutical distributor McKesson Corp. to settle a class-action lawsuit alleging the company has conspired with First DataBank to inflate drug prices paid by consumers and third-party payers. To settle the antitrust lawsuit, McKesson would pay $350...

  • Northeast Health in $1.2M nurse wage data settlement.  // Medical Device Daily;3/13/2009, Vol. 13 Issue 48, p4 

    The article focuses on a settlement reported by the Service Employees International Union (SEIU) Nurse Alliance in a class-action lawsuit reached between bedside nurses and Northeast Health. Albany area hospitals have been accused of violating U.S. federal antitrust law for years. The Nurse...

  • Tape manufacturer settles monopoly suit for $28.8M. Lebreau, Steve // Buffalo Law Journal;8/31/2006, Vol. 78 Issue 70, p18 

    The article reports that U.S. District Court Judge John Padova granted final approval to 3M Co. to settle a class-action antitrust lawsuit for $28.8 million. The Scotch Tape manufacturer was sued by a group of retailers for trying to monopolize the U.S. transparent tape market. Information on...

  • Another patients' Rx pricing lawsuit settled.  // Drug Topics;3/1/99, Vol. 143 Issue 5, p9 

    Reports that California health clinics and hospitals are getting $148 million worth of prescription medicine for poor and indigent patients as part of the settlement of a consumer class action lawsuit with 17 brand-name firms in the state. Firms' pledge to pay up to $29 million for attorneys'...

  • Class-action settlements a key tool.  // Business Insurance;8/12/96, Vol. 30 Issue 33, p8 

    Opinion. Comments on the differences between the 5th US Circuit Court of Appeals and 3rd US Circuit Court of Appeals' decision on whether to approve certain class-action settlements. Benefits of class-action settlements for companies; 5th Circuit's approval for a global personal injury...

  • Stucco Settlement. Bodensteiner, Peter // Builder: The Magazine of the National Association of Home Builde;May2000, Vol. 23 Issue 6, p48 

    Reports on the settlement of North Carolina class-action lawsuit between homeowners and manufacturers of synthetic stucco product. Consequence of exterior insulation finish systems trapping moisture within walls; Faulty installation blamed on moisture damage; Average payment per home.

  • Partial payments from pharmacy class action expected this summer. Conlan, Michael F. // Drug Topics;6/19/2000, Vol. 144 Issue 12, p30 

    Discusses the partial payments to be given to pharmacies as part of a settlement for a class action suit filed against major drugmakers and wholesalers in the United States. Amount of money that a pharmacy is entitled to get; Distribution of the settlement fund; Details on the negotiation of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics