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Vitamins

Related Lawyers: Michael D. Hausfeld, Brent W. Landau, Brian A. Ratner
Related Practice Areas: Antitrust / Competition

In re Vitamins Antitrust Litigation MDL No. 1285 (U.S.D.C) - Hausfeld serves as co-lead counsel for two certified classes of businesses that directly purchased bulk vitamins and were overcharged as a result of a ten year global price-fixing and market allocation cartel. The court approved eight major settlements between certain vitamin defendants and the Class Plaintiffs, including a landmark partial settlement of $1.1 billion.

In a later trial concerning four of the Class Plaintiffs’ remaining unsettled Vitamin B4 (choline chloride) claims, a federal jury in Washington unanimously found Japan’s second largest trading company, Mitsui & Co., Ltd., its wholly-owned U.S. subsidiary Mitsui & Co. (U.S.A.), Inc., DuCoa, LP, a choline chloride manufacturer based in Highland, Illinois, and DuCoa’s general partner, DCV, Inc., liable for participating in the cartel and ordered them to pay $49,539,234, before trebling to $148,617,702 under the federal antitrust laws. The case was subsequently settled against the Mitsui defendants.

On January 27, 2009, the court granted preliminary approval to a proposed settlement with DCV and DuCoa under which those defendants will transfer essentially all of their assets to purchasers of choline chloride.

Further information about the settlement is available at http://www.hrsclaimsadministration.com/cases/vit/.

Internet links:

» Six Big Vitamin Makers Are Said to Agree to Pay $1.1 Billion to Settle Pricing Lawsuit

» 4 Companies Found Liable In Price Fixing Of Vitamin B4

» Settlement Website

Supporting Documents