Vitamin C Antitrust Litigation Class Action Lawsuit A full - TopicsExpress



          

Vitamin C Antitrust Litigation Class Action Lawsuit A full detailed Notice of the Aland Settlement can be obtained by clicking here. A full detailed Notice of the NEPG, Weisheng and CPG Settlements can be obtained by clicking here. Vitamin C Antitrust Litigation Overview This class action lawsuit claims that vitamin C manufacturers conspired to fix, raise, maintain, or stabilize prices of vitamin C and overcharged customers who purchased vitamin C. Vitamin C manufacturers deny they did anything wrong or illegal. Judge Brian Cogan of the United States District Court for the Eastern District of New York is overseeing this class action. The lawsuit is known as the In re Vitamin C Antitrust Litigation, No. 1:06-MD-01738. Northeast Pharmaceutical Group Company, Ltd. ("NEPG") is a Defendant in the Injunction Class and the Indirect Purchaser Damages Class, but is not a Defendant in the Direct Purchaser Damages Class. Aland (Jiangsu) Nutraceutical Co., Ltd. ("Aland") has agreed to Settlements with all three Classes. The Court held a Fairness Hearing and approved the Aland Settlements on October 17, 2012. NEPG has settled with the Indirect Purchaser Class and Injunction Class. Weisheng and CPG have settled with the Direct Purchaser Class and Injunction Class. A Fairness Hearing is scheduled on August 29, 2013 at 2:30 p.m.in Courtroom 8D South at Cadman Plaza East, Brooklyn New York. A trial was held and the jury returned a verdict against the Non-Settling Defendants in favor of the Direct Purchaser Damages Class for $54.1 million, and the Court entered a judgment of $162.3 million. There are three Settlement Classes. You may be a member of one, two, or all three Classes. The Classes are defined below. Direct Purchaser Class If you made a DIRECT purchase of Vitamin C, For delivery in the U.S. Directly from a Defendant or another Chinese manufacturer of vitamin C (except Northeast Pharmaceutical) Between December 1, 2001 and June 30, 2006 Without a contract, or with a contract that did not include an arbitration clause. Indirect Purchaser Class If you made an INDIRECT purchase of Capsules or tablets containing Vitamin C For use or consumption and not for resale Between December 1, 2001 and June 30, 2006 And you currently live in and your purchase was made in one of the following 20 states or the District of Columbia: Arizona, California, Florida, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Nebraska, Nevada, New Mexico, New York, North Carolina, North Dakota, South Dakota, Tennessee, Vermont, West Virginia, or Wisconsin. Injunction Class Purchased vitamin C manufactured by a Defendant, or products from any company containing vitamin C manufactured by the Defendants Directly from a Defendant or from any other company For delivery in the U.S. Between December 1, 2001 and now Without a contract, or with a contract that did not include an arbitration clause. The Chinese government advised the Court that they required the Defendants to engage in the conduct in question as part of its regulation of the Chinese economy. The Court has already determined, in a Memorandum Decision and Order dated September 6, 2011, that the Defendants were not required to fix prices by the Chinese government. DISCLAIMER This site is not operated by the Court, Class Counsel, Defendant’s Counsel, or Defendant. This class action website is supervised by the Court and is administered by Rust Consulting, Inc.
Posted on: Fri, 21 Jun 2013 20:58:30 +0000

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