The firm partnered with lead counsel on behalf of direct purchasers in this antitrust class action against the largest steel producers in the United States. The action alleged that these steel producers, representing as much as 85% of steel production in the United States, engaged in a wide-ranging, multi-year conspiracy to create artificial steel shortages, thus raising the prices for their steel products. Plaintiffs achieved a total settlement amount of $193.9 million to resolve the case.
Case Information- Settlement Amount:
$193,900,000
$193,900,000