Connecticut et al. v. Teva Pharmaceuticals USA, Inc. et al., No. 2:19-cv-02407, (E.D. Pa. filed in MDL 05/30/2019)
44 plaintiff states filed suit against Teva Pharmaceuticals and 19 of the nation’s largest generic drug manufacturers alleging a broad conspiracy to artificially inflate and manipulate prices, reduce competition and unreasonably restrain trade for more than 100 different generic drugs. The lawsuit was originally Connecticut, was transferred to the MDL court in Pennsylvania. The lawsuit…
Washington v. Tyson Foods, Inc., No. 21-2-14174-5 (Wash. Super. Ct. King Cty. 2022)
Plaintiff state filed a lawsuit against 19 chicken producers accusing them of a wide-ranging illegal conspiracy to inflate and manipulate prices, rig contract bids and coordinate industry supply reductions to maximize profits. The defendants account for approximately 95 percent of the broiler chickens sold in the United States. The complaint asserts their conduct violates the…
California ex rel. Bonta v. KYB Copr.
As part of a large class action, plaintiff state filed suit against manufacturers of automotive shock absorbers, alleging that the defendants, from the mid-1990s through at least 2012, conspired to rig bids for, and to fix stabilize and maintain the price of shock absorbers installed in autos purchased by the plaintiff state. Defendant pled guilty…
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…
California v. Denso, No. 2:19-cv-13566 (E.D. Mich. Dec. 3, 2019)
As part of its ongoing participation in the ongoing Automotive Parts multidistrict litigation, California reached a settlement with Denso to resolve claims that as part of a conspiracy with dozens of auto parts manufactures, competition in the automotive parts market was suppressed and eliminated by illegal bid rigging. The state’s complaint alleged that Denso had…
Settlement Agreement Between Plaintiff States and UBS (Dec. 21, 2018)
Forty plaintiff states reached a $68 million settlement with UBS 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…
In re: TC Denver Development, Inc., Colo. AG Assurance of Discontinuance (Apr. 25.2020)
The Colorado AG’s office investigated whether Trammell Crow, acting as the City and County of Denver’s program manager for its Convention Center expansion project, and its former employee, Michael Sullivan, improperly exchanged confidential information about the project and procurement process with Mortenson Company that they did not share with other prospective bidders. (See entry on…
In re: Mortenson Company Assurance of Discontinuance (Colo. Apr. 13, 2020)
Colorado attorney general entered into Assurance of Discontinuance with general contractor M. A. Mortenson Company to resolve claims resulting from the attorney general’s investigation into an alleged bid-rigging scheme related to the City and County of Denver’s plans to upgrade and expand the Colorado Convention Center. The office’s investigation centered on whether Mortenson violated the…
Maryland Coastal Insulation, Inc., C.I. 290235009 (Cir. Ct. for Baltimore City 1990)
Defendant agreed with others to submit rigged bids on asbestos abatement jobs.
