Kaplan Fox Has Filed a Class Action Against California Water Technologies, LLC, PVS Chemicals, Inc., PVS Technologies, Inc., Kemira Chemicals, Inc, and Hawkins, Inc. for Violation of U.S. Antitrust Laws with Respect to the Sale of Ferric Chloride

March 14, 2016


 

Kaplan Fox has filed a Class Action complaint in the United States District Court for the Central District of California on behalf of the City of Bismarck ("Plaintiff") against California Water Technologies, LLC, PVS Chemicals, Inc., PVS Technologies, Inc., Kemira Chemicals, Inc, and Hawkins, Inc. (together, "Defendants"), for violation of the United States antitrust laws with respect to the sale of Ferric Chloride, a key water treatment chemical used in potable and waste water treatment by municipalities all across the country.

Plaintiff alleges that from at least as early as January 1, 2006 through October 31, 2015 (the "Class Period"), Defendants engaged in a bid rigging scheme, and they combined, conspired, and contracted to fix, raise, maintain, and stabilize prices at which Ferric Chloride would be sold, and to allocate customers of Ferric Chloride among them. Defendants’ anticompetitive conduct resulted in higher prices for Ferric Chloride during the Class Period than they would have been absent the conspiracy.