In a breach of contract suit filed by authorized dealers of Fiat Chrysler Automobiles (FCA), dealers alleged that FCA falsified sales figures to artificially inflate the value of the company’s shares with the purpose of supporting their claim of unbroken year-to-year sales streak. FCA allegedly offered discriminatory allocations to dealers in return for their agreements…
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Dentists Get $80M From Supply Cos. To End Collusion Case
The country’s biggest dental supply distributors reached an $80 million settlement agreement with dentists and dental laboratories in a proposed class action case. Distributors Henry Schein, Inc., Patterson Cos. Inc. and Benco Dental Supply Co. Inc. were accused of artificially inflating prices on dental supplies and equipment. Products at issue included supplies such as adhesives,…
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Final Disposition in Air Cargo price fixing case – $1.25 billion in total settlements
Plaintiffs brought suit in 2006 after the US Department of Justice and the European Commission initiated investigations into the air cargo industry. The alleged conspirators took part in meetings and other communications to determine and set air cargo rates that airlines should charge for various routes. The airlines then imposed the agreed upon rates and…
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Over 1 Billion Transactions Analyzed in CRT Price-Fixing Case
Not many of us still own a cathode ray tube (CRT) television, but many of us remember the big and bulky sources of entertainment from yesteryear. Makers of cathode ray tubes were accused of fixing the price of various sizes of cathode ray tubes during a time where these televisions and monitors were feeling the…