Wolf Haldenstein Adler Freeman & Herz LLP commenced a class action lawsuit in the United States District Court for the Northern District of Illinois on behalf of all purchasers of Sulfuric Acid during the period between January 1, 1988 and January 16, 2003, inclusive (the 'Class Period'), against Defendants NorFalco LLC, Noranda Inc., Falconbridge Ltd., E.I. du Pont de Nemours & Co., Pressure Vessel Services, Inc., PVS Chemicals, Inc. (Ohio), PVS Chemical Solutions, Inc., PVS Nolwood Chemicals, Inc., GAC Chemical Corporation, Marsulex, Inc., ChemTrade Logistics (U.S.), Inc., Intertrade Holdings, Inc., Koch Sulfur Products Company, and Koch Sulfur Products Company, LLC.<'xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
If you wish to read a copy of the most recent complaint filed in this action, please click the Complaint link.
The complaint alleges that defendants violated Section 1 of the Sherman Act, 15 U.S.C. Section 1. Defendants contracted, combined or conspired to raise, fix, maintain or stabilize the price of sulfuric acid sold in the <'xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />United States. As part of the conspiracy, Defendants agreed to limit the supply of sulfuric acid in the United States, to fix prices, and to allocate markets and customers for the sale of sulfuric acid in the United States. As a result of Defendants' unlawful conduct, Plaintiffs and the Class paid prices for sulfuric acid that were artificially inflated and they have suffered injury to their business and property.
Additional cases were filed on behalf of investors. Plaintiffs filed a consolidated amended complaint on September 5, 2003. Plaintiffs filed a second consolidated amended complaint on May 24, 2004 and a third consolidated amended complaint was filed on April 11, 2006. On March 21, 2007, the Court entered an order consolidating the cases under the caption In re Sulfuric Acid Antitrust Litigation, Master Docket No. 03 Civ. 4576 and appointing lead plaintiffs and counsel. Wolf Haldenstein was appointed co-lead counsel.
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has approximately 60 attorneys in various practice areas and offices in Chicago, New York City and San Diego. The reputation and expertise of this firm in shareholder and other class litigation have been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions, please contact Wolf Haldenstein Adler Freeman & Herz LLP at 270 Madison Avenue, New York, New York 10016, or by telephone at (800) 575-0735 (Fred Taylor Isquith, Esq., Gregory M. Nespole, Esq., George Peters, Esq., or Derek Behnke).