On December, 7 2016, in In re Domestic Drywall Antitrust Litigation, a nation-wide price-fixing case against the major U.S. drywall manufacturers, in which SRK was appointed Interim Co-Lead Counsel for direct purchaser plaintiffs, U.S. District Court Judge Michael Baylson (E.D. Pa.) gave final approval to a settlement with defendant Lafarge, North America, Inc., totaling $21,169,292. Combined with the previously approved settlements with defendants USG and TIN, SRK and its Co-Lead Counsel have achieved settlements totaling more than $65 million for direct purchasers of drywall. Earlier this year, SRK and its Co-Lead Counsel successfully defeated summary judgment against four defendants, including Lafarge, and are currently briefing class certification against the three remaining defendants.
This article was originally published under the firm’s former name, Spector Roseman & Kodroff, P.C. (“SRK”). The firm is now known as Spector Caldes & Corrigan, PC (“SCC”).
