Trelleborg to pay settlement in price-fixing case

Moore, Miles
March 2010
Rubber & Plastics News;3/8/2010, Vol. 39 Issue 16, p1
Trade Publication
The article informs that Trelleborg AB and four subsidiaries will pay 14 million dollars, and 13 other companies and individuals a combined 1.4 million dollars, to settle a "whistleblower" lawsuit in a price-fixing scandal involving marine hose, fenders, buoys and pilings. It is stated that the payments settle the allegations of Douglas Farrow, a member of the board of directors of Urethane Products Corp., regarding illegal activities in the marine products industries.


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