Investigation and pending class action lawsuit brought on behalf of direct purchasers of Publication Paper (i.e., Supercalendared Papers and Coated Papers) for alleged violations of the U.S. antitrust laws.
The named defendants are the major producers of Publication Paper including International Paper; MeadWestvaco Corporation; Norske Skogindustrier; Norske Skog North America LLC; Norske Skog (USA), Inc; Norske Skog Canada; Norske Skog Canada (USA), Inc.; Stora Enso; Stora Enso North America Corporation; Sappi Limited; S.D. Warren Company; Sappi Fine Paper North America; Metsaliitto Cooperative; M-real; M-real USA Corp; UPM-Kymmene Corporation; Myllykoski Corporation; and Madison International Sales Company.
The class action lawsuit claims that from 1993 to the present the defendant paper manufacturers and their co-conspirators participated in a global conspiracy to suppress competition by fixing the prices of, and allocating the markets and sales volumes for, Publication Paper sold in the United States and elsewhere.
Because of defendants' unlawful conduct, plaintiffs paid artificially high prices for Publication Paper and, as a result, have suffered antitrust injury.
Name (Stock Symbol)
International Paper Co. (IP)
nternational Paper Company is a paper and packaging company.
MeadWestvaco Corporation (MWV)
MeadWestvaco Corporation provides packaging and packaging solutions for the personal and beauty care, healthcare and pharmaceuticals, food and beverage, dispensing solutions, home and garden and media industries.
Norske Skog manufactures paper products.
Stora Enso is a global paper, packaging and forest products company producing newsprint and book paper, magazine paper, fine paper, consumer board, industrial packaging and wood products.
Stora Enso North America Corporation
Stora Enso North America Corporation is a subsidiary of Stora Enso.
Sappi Limited produces paper and chemical cellose.
S.D. Warren Company
S.D. Warren Company was did manufacture print, publishing and specialty papers and had pulp operations. Sappi Ltd acquired the company in 1997.
Metsaliitto Cooperative is a cooperative organization for Finnish forest owners and has some 130,000 members.
M-real produces paperboard and paper.
M-Real USA Corporation
M-real USA Corporation, a subsidiary of M-Real, handles the sales operation for M-Real in the US.
UPM-Kymmene Corporation is a paper company.
Myllykoski Corporation manufactures paper and paper products.
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