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$30M deal to end massive price-fixing class action vs steelmakers; all settlements now total $194M

Jonathan Bilyk Oct. 19, 2016, 5:18pm

A group of about 5,500 manufacturers, metal fabricators and others who bought steel from eight American steelmakers about a decade ago have announced a $30 million deal with three of those mill operators – a settlement the parties intend would cap off a massive antitrust class action lawsuit accusing the steelmakers of manipulating supply to boost prices for their steel products.

Interest rate swaps class action vs big banks could draw in 'tens of thousands' of public bodies with billions at stake

Scott Holland Feb. 19, 2016, 8:31pm

Two Mississippi and Alabama hospitals and the county that includes the cities of Biloxi and Gulfport, Miss., have squared off in Chicago federal court with many of the country’s biggest financial institutions over so-called interest rate swaps — an issue now impacting governments and other public bodies throughout the country, including Chicago’s public schools system.