EPDMIn re: Ethylene Propylene Diene Monomer (EPDM) Antitrust Litigation, MDL Docket No. 3:03 MDL 1542 (Conn.). Cohen Milstein is co-lead counsel in this case brought on behalf of a class of direct purchasers of EPDM for alleged violations of the federal antitrust laws. This case is currently consolidated before the Honorable Stefan R. Underhill in the District of Connecticut. Plaintiffs claim that at least between 1997 and 2001, the defendant EPDM manufacturers and their co-conspirators agreed to limit the supply of EPDM in the United States and worldwide and to artificially raise, fix, stabilize and maintain the price of EPDM. As a result of defendants’ conspiracy, Plaintiffs paid artificially inflated prices for EPDM and suffered injury to their business and property. EPDM, also known as "crackless" rubber, is the third most consumed synthetic rubber worldwide. It is used extensively in the auto industry, as well as in radiators, garden and appliance hoses, tubing, belts, electrical insulation, roofing membranes, and motor oil addictive applications. Plaintiffs have reached settlements in this case with Dupont Dow Elastomers, Syndial SpA, Bayer, and Chemtura (formerly Crompton) Corporation. The case continues against DSM and Exxon Mobil. |
