GSE Bonds Antitrust Litigation was a class action in which 16 of the world’s largest banks and financial institutions allegedly conspired to fix the prices of debt securities issued by government sponsored entities (“GSEs”), such as the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation. To fund operations critical to the financing…
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Using Econometric Analysis in Indirect Purchaser Class Action Cases
Using Econometric Analysis in Indirect Purchaser Class Action Cases Defendants are defendants, but plaintiffs can wear many hats — direct class plaintiff, indirect class plaintiff, opt-out, end-payor plaintiffs — each presenting their own version of their litigation story. In our practice, the Infotech Consulting team has seen a growing number of indirect class action cases,…
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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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Analysis of Historical Billboard Placement Leads to Summary Judgement in Beach of Contract – Titze vs Simon (2010)
The Michael Titze Company purchased an outparcel in front of a shopping mall in Pensacola, Florida. Unbeknownst to Titze, this property was subject to restrictive covenants that required Titze to obtain permission from Simon (owner of the shopping mall) for any construction or improvement to the property and restricted Titze from improving the property in…
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Infotech Consulting’s Analyses Instrumental in Steel Class Case with $193.9 Million in Settlements
The Infotech Consulting team, led by Dr. Jim McClave, provided econometric damages analysis to a large, national class of steel purchasers, alleging violations of the U.S. antitrust laws by several of the world’s largest steel manufacturers. Based on millions of sales transactions from thousands of customers, Infotech Consulting conducted damage analyses in support of the…
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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…
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Salt Bid-Rigging Case Settles on Eve of Trial
The sizeable bid-rigging case against two of the leading road salt producers in the U.S. settled for a reported $11.5 million on the eve of trial. The settlement resolves the case brought by the State of Ohio in 2012 on behalf of Ohio purchasers of rock salt, used to maintain roadways. Dr. McClave, with the…
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Team Infotech assists in verdict in Polyurethane antitrust litigation – approximately $1 billion recovered by plaintiffs
Plaintiffs brought suit in 2008 against urethane chemical makers accusing the manufacturers of conspiring to fix prices of polyether polyol products that are used in, among other applications, urethane foam. Infotech Consulting was hired to calculate damages to Plaintiffs due to the illegal price-fixing scheme. Four Defendants in the class action case settled before trial….
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Infotech Consulting Helps Turn Off the Facet in $4 Million Iron Pipe Fittings Antitrust Case
Infotech Consulting had the opportunity to work with indirect purchaser plaintiffs in an industry that most people never even think about when turning on their faucets. Ductile iron pipe fittings (DIPF) are used to join ductile iron pipe, valves and hydrants within a water system as well as change or direct the flow of water….