Settlement Agreement Between Plaintiff States and Citibank (June 2018)
Forty-two plaintiff states reached a $100 million settlement with Citibank for fraudulent conduct involving interest rate manipulation that had a significant impact on consumers and financial markets around the world. UBS’ fraudulent conduct involved the manipulation of LIBOR (the London Interbank Offered Rate). LIBOR is a benchmark interest rate that affects financial instruments worth trillions…
Alabama et al. v. Endo International, No. 3:19-cv-04157 (N.D. Cal. July 19, 2019)
Eighteen states reached a settlement with Endo Pharmaceuticals Inc. under which Endo paid $2.3 million to settle allegations it entered into a reverse-payment agreement to obstruct generic competition to Lidoderm, a pain relief patch frequently used to treat shingles. According to the complaint, Endo had an agreement with Watson Laboratories Inc. ensuring Endo would not face…
People v. Western Wisconsin Inspection
The defendants operated businesses that conducted inspections of flammable and combustible liquid storage tanks. The tank inspections were required under federal law. The complaint alleged that in anticipation of submitting bids for new contracts, the defendants agreed not to compete for business in each other’s territories in order to avoid a bidding war. Western Wisconsin Inspection, Inc. (99-CF-1366) pleaded guilty to one felony count of unlawful conspiracy to restrain trade. $25,000 fine, barred from contracts.
People v. Barnes, No. 99-CF-1370
The defendants operated businesses that conducted inspections of flammable and combustible liquid storage tanks. The tank inspections were required under federal law. The complaint alleged that in anticipation of submitting bids for new contracts, the defendants agreed not to compete for business in each other’s territories in order to avoid a bidding war. Randall E. Barnes (99-CF-1370) pleaded no contest to misdemeanor agreement to injure business of another. $500 fine, $1500 costs, Barnes agreed to refrain from bidding on petroleum tank inspection contracts with State until June 1, 2001
People v. Lear, No.99-CF-1365 , People v. Getten, No. 99-CF-1367
The defendants operated businesses that conducted inspections of flammable and combustible liquid storage tanks. The tank inspections were required under federal law. The complaint alleged that in anticipation of submitting bids for new contracts, the defendants agreed not to compete for business in each other’s territories in order to avoid a bidding war. Morris K. Lear pleaded guilty to misdemeanor count of an agreement to injure the business of another , received one year probation and 400 hours of community service. Lear agreed to refrain from bidding on any future petroleum tank inspection contracts with the State of Wisconsin
People v. Independent Inspections, No. 99-CF-1369
The defendants operated businesses that conducted inspections of flammable and combustible liquid storage tanks. The tank inspections were required under federal law. The complaint alleged that in anticipation of submitting bids for new contracts, the defendants agreed not to compete for business in each other’s territories in order to avoid a bidding war. Independent Inspections, Ltd. (99-CF-1369) agreed to refrain from bidding on any petroleum tank inspection contracts with State of Wis until April 13, 2002; found corporation guilty after no contest plea. $500 fine and $40,000 costs.
People v. Haberman, No. 99-CF-1368
The defendants operated businesses that conducted inspections of flammable and combustible liquid storage tanks. The tank inspections were required under federal law. The complaint alleged that in anticipation of submitting bids for new contracts, the defendants agreed not to compete for business in each other’s territories in order to avoid a bidding war. Ronald C. Habermann (No. 99-CF-1368) convicted of Misdemeanor counts of an agreement to injure the business of another; must not participate in any way with petroleum tank inspection contracts with State in the future. $500 fine and $1500 costs
Wisconsin v. Medical Technologies, Inc., No. 93CF857 (Dane Cnty. Cir. Ct. filed
Market allocation agreement among distributors of hearing testing equipment, beginning in 1990
Wisconsin vs. Industrial Roofing Services and Edward J. Frac, Case No. 93-CF-0343 and 93-CM-0928, Circuit Court Milwaukee County (June 1993)
The complaint alleged that Frac, acting on behalf of IRS, coordinated the submission of non-competitive bids on two roofing repair jobs
Wisconsin vs. Thomas J. Orlandini and Falls Floor Covering. Circuit Court Milwaukee County, 1994CM411268 (December 1994)
The complaint alleged that Falls and another contractor (Thomas J. Mason) coordinated the submission of complementary bids as prime contractors on two Milwaukee County projects.
