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Iowa Ready-Mix Concrete Antitrust Litigation

Written by Goosmann Law Team | Apr 9, 2012 8:46:34 AM
“Overcome with a rare and gargantuan sense of awe,” Judge Mark W. Bennett, a federal district court judge in Sioux City, Iowa, has called a consolidated class action case arising from price fixing conspiracies in the concrete industry “a model for the nation.” Judge Bennett said that in his 36-plus-year legal career, he had never been more proud of his profession than when he observed the attorneys' work in the case. Jeana Goosmann of Goosmann Law Firm is one of the attorneys on the case.

Iowa Ready-Mix Concrete Antitrust Litigation was brought on behalf of purchasers of ready-mix concrete against ready-mix concrete producers and sellers and certain of their officers, directors, owners, and employees who have pleaded guilty to conspiring to fix prices for ready-mix concrete in the Iowa region. The class period covered January 2006, through at least April 26, 2010. Three settlement agreements, totaling $18.5 million, were approved on November 1, 2011.

» Read the November 9, 2011 Settlement Approval decision

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