In re Abrasive Grain Antitrust Litigation, Civil Action Nos. 95-CV-7574-CJS and 95-CV-7580-CJS (W.D.N.Y.)

KSG serves as co-lead counsel for the class in an antitrust action on behalf of direct purchasers of artificial abrasive grain from defendants during the period from January 1, 1985 to December 31, 1994. Plaintiffs allege that class members paid more for artificial abrasive grain as a result of a conspiracy to fix prices of such products by defendants Norton Company, Washington Mills Electro Minerals Corporation and Exolon-ESK. Settlements totaling $11.6 million in cash and credit certificates have been reached with the defendants. The court held a hearing in Buffalo, New York on December 21, 2005, to consider whether the proposed settlements between the class and the defendants should be approved.

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Originally Posted: 02/09/2006