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In re: Publication Paper Antitrust LitigationCase No. 3:04-MD-1631, U.S.D.C., District of Connecticut March 2009
Hausfeld LLP represents a proposed class representative, Digital Color Imaging, Inc., in this antitrust case in which plaintiffs allege that the defendants, UPM-Kymmene Corporation, UPM-Kymmene Inc., Stora Enso Oyj, and Stora Enso North America, engaged in an unlawful conspiracy to fix the prices of publication paper. Specifically, the plaintiffs allege that employees of the defendants met and agreed to price increases on certain grades of paper most commonly used in magazines, catalogs, and newspaper inserts. On April 28, 2008, the court approved a settlement in which UPM-Kymmene Corporation and UPM-Kymmene Inc. agreed to pay $8 million and cooperate with the plaintiffs in their ongoing prosecution of the case against Stora Enso Oyj and Stora Enso North America.
For more information, please contact Hilary K. Scherrer in our Washington, DC office.
Practice Areas: Antitrust / Competition
