Pending antitrust class action lawsuit against manufacturers of carbon black, a chemical used in the manufacture of automobile tires and various ink products.
The class includes those entities that directly purchased carbon black products from the Defendants, during the class period, from January 30, 1999 through January 18, 2005.
The Defendants are leading companies in the sale and manufacture of carbon black in the United States. The Plaintiffs claim that the Defendants engaged in an unlawful conspiracy to fix, raise, maintain and stabilize the prices of carbon black in the United States in violation of federal antitrust laws. Plaintiffs allege that the conspiracy was undertaken by a series of coordinated price increase announcements and that as a result, Plaintiffs have paid more for carbon black than they would have absent the alleged conspiracy.
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