In re Fasteners Antitrust Litigation, No. 08-MD-1912 (E.D. Pa.)
Kohn Swift & Graf served as co-lead counsel for the class in an antitrust action on behalf of direct purchasers of “Fasteners” from defendants during the period from January 1, 1991 to September 19, 2007. Plaintiffs alleged that class members paid more for Fasteners as a result of a conspiracy to fix prices of Fasteners by defendants.
“Fasteners” included zippers, snap fasteners, buttons, hooks, and other similar products used primarily in the textile, apparel, footwear, and luggage industries. The defendants were: YKK Corporation, YKK Corporation of America, Inc., YKK (U.S.A.) Inc., YKK Snap Fasteners America, Inc., Coats plc, Coats Holdings, Inc., Coats American, Inc., Coats North, America de Republica Dominicana, Inc., Coats and Clark, Inc., and Scovill Fasteners, Inc.
Settlements totaling $17.75 million were reached with the defendants.
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Originally Posted: 11/30/2015