Tuesday, July 1, 2014

ArcelorMittal Steel Antitrust Settlement over price-fixing

People who have purchased steel products during April 1, 2005 to December 31, 2007 can file claim in steel anti-trust class action at steelantitrustsettlement.com for their refund.

AecelorMittal has currently come across the steel price fixing settlement. In this settlement, ArcelorMittal has agreed to give their portion of money to settle down the class action for $90 million. If you have also purchase any steel product directly from ArcelorMittal or other defendants during April 1, 2005 to December 31, 2007, them you are eligible to file claim into the class action for your refund.

SteelAntitrustSettlement.com: ArcelorMittal Steel Antitrust Settlement

As per the claims of plaintiff, steel manufacturers have plot the restriction on steep output and fixed the prices of various steel products which are sold for delivery in United States. They have violated U.S. antitrust laws and this class action contains various steel manufacturers. AecelorMittal is the fourth manufacturer to get agreed to settle down the class action.

Every person who has purchased products derived from raw carbon steel like carbon steel slabs, plates, sheet and coil products; galvanized and other coated sheet products; and billets, blooms, rebar, merchant bar, beams and other structural shapes during the time period of April 1, 2005 to December 31, 2007 are eligible to file their claim into the settlement. Right at this moment, how much refund will be given to each class member is not known.

Final hearing will be conducted on July 10, 2014. Details of refund will be provided on official site steelantitrustsettlement.com after the final hearing. Visit official site for more updates, court papers and other important information.

Highlights of ArcelorMittal steel anti trust class action settlement:

Official site of ArcelorMittal steel anti trust class action settlement: steelantitrustsettlement.com

Address if claim administrator:
Steel Antitrust Litigation
c/o GCG
P.O. Box 9349
Dublin, OH 43017-4249
1-800-231-1815

Final hearing date: July 10, 2014

Class Counsel:
FINE KAPLAN AND BLACK RPC
KELLOGG HUBER HANSEN TODD EVANS & FIGEL PLLC

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