Case Details

Year Initiated/Committed

1988

Year Resolved

1989

Settlement Amount

$4,235,000 (total for all defendatns)

Court

Fifteenth Judicial Circuit in and for Palm Beach County, Florida

Docket Number

CL88-6411-AF

Lead State

FL

Participating States

FL

Defendant(s)

Great Lakes Dredging and Dock Company; Hendry Corporation; Hendry, Aaron; Bean Dredging Corporation; T.L. James & Co., Inc.; Stuyvesant Dredging Co.

Case Description

Florida sought an injunction and civil penalties, alleging that the defendant dredging companies conspired to rig bids and allocate contracts for various dredging projects throughout the state. In order to resolve the dispute without further litigation, the parties entered a settlement agreement in which the defendant dredging companies paid $4,235,000 in civil penalties, investigative costs and attorney’s fees. Additionally, the defendant companies were enjoined from the alleged conduct for a period of five years.