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U.S.: Hardware companies settle with purchaser over inflated pricing suit

By  |  October 25, 2012

A settlement was approved by a California judge on Wednesday regarding a suit that charged Kason Industries Corp. and Component Hardware Group Inc. on price-fixing. Specifically, indirect purchasers of Kason and CHG products claimed the companies inflated prices for third-party suppliers. The class members will receive up to $720,000 under terms of the settlement.

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    Full Content: Law360

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