Cement Price Fixing Lawsuit
Cement Price Fixing Investigation Lawsuits
Cement Price Fixing Investigation | Lawsuits, Injury | Schemes, Recovering Restitution, Illegal Pricing
Have you been a direct purchaser of cement or concrete in the state of Florida? If so, you may well have been a victim of price fixing. We have been contacted by various individuals and entities in Florida regarding allegations that companies involved in the direct sale of cement and concrete have engaged in price fixing. Our consumer lawyers are investigating these price fixing allegations, and are offering free case evaluations to anyone who may have been a victim of such practices.
A concrete and cement price fixing class action lawsuit has already been filed in federal court in Florida. The lawsuit seeks to benefit all individuals or entities that directly purchased Portland Cement or Ready Mix Concrete in Florida. A total of nine firms are named as defendants.
The illegal practices alleged in the Florida cement and concrete price fixing lawsuit likely caused significant economic harm to both businesses and individuals who directly purchased cement or concrete from any of the named defendants. Our consumer lawyers have assisted countless clients harmed by similar schemes in recovering restitution. We are determined to make sure that those cement and concrete companies that engaged in illegal price fixing are held accountable.
If you directly purchased cement or concrete in the state of Florida or elsewhere, our consumer lawyers want to hear from you. You may be entitled to substantial damages. Please contact our consumer lawyers right away to discuss your case as part of our continuing cement and concrete price fixing investigation.
Florida Cement and Concrete Price Fixing Class Action Lawsuit
In October 2009, a class action lawsuit was filed in United States District Court for the Southern District of Florida on behalf of all individuals or entities that purchased Portland Cement or Ready Mix Concrete in Florida. The lawsuit is seeking treble damages and injunctive relief under Section 1 of the Sherman Act.
The cement and concrete price fixing lawsuit names the following firms as defendants: Cemex Corp., Florida Rock Industries, Inc., Holcim (US), Inc., Lafarge North America, Inc., Lehigh Cement Company, Suwannee American Cement LLC, Titan America LLC and Votorantim Cimentos North America, Inc., Oldcastle Materials. The lawsuit also names all of their wholly owned subsidiaries, including but not limited to: Prestige AB Ready Mix, Inc., Anderson Columbia Co., American Cement Co., Preferred Materials, Continental Florida Materials, Rinker Materials and Tarmac America.
The cement and concrete price fixing lawsuit claims the defendants eliminated competition in the markets for cement and concrete by charging artificially high prices for these products in Florida from at least January 1, 2000 to the present. Plaintiffs further allege that this conspiracy was facilitated through in-person meetings, telephone conversations, and other communications.
The complaint details the specific employees who participated in the conspiracy as well as the locations at which illegal pricing was discussed. These agreements, according to the lawsuit, were made in part during in-person discussions "at trade association meetings, social events and even corporate meetings that were held at the same time in the same hotel."
In 2008, the defendants announced uniform price increases for concrete and cement, bringing their prices to the same level at the same time, the lawsuit claims. Then in September, a number of the defendant companies cut the price of concrete in an effort to lure customers away from independently owned concrete firms.
But according to the lawsuit, the defendants didn't make the same discounts available to each other's customers, and each company offered discounts only to customers in specific geographic regions. This effectively divided the state into markets that each company could dominate.
The practices alleged in the cement and concrete price fixing class action lawsuit are clearly illegal. These companies would have done significant economic damage to consumers and entities that directly purchased cement and concrete in the state of Florida. That is why our consumer lawyers are committed to making sure that any cement and concrete companies who engaged in such methods are held accountable.
Legal Help for Victims of Illegal Cement and Concrete Price Fixing
The type of price fixing detailed in the Florida cement and concrete price fixing lawsuit is unethical, and unfair to consumers. It is also highly illegal under federal antitrust laws. Victims of such price fixing schemes are entitled to significant damages.
If you were a direct purchaser of cement or concrete in the state of Florida, you have valuable legal rights. Please fill out our online form, or call 1-800-YOURLAWYER (1-800-968-7529) to discuss your case as part of our ongoing price fixing investigation today.