Antitrust, Unfair Competition and RICO Litigation
Siprut PC attorneys have substantial experience handling antitrust and unfair competition litigation, including RICO claims, against some of the largest corporations in the world. Representative litigation includes:
- One of the lead trial counsel in In re Carbon Black Antitrust Litigation (D.C. Mass.), which settled for $20 million.
- One of the lead counsel and one of the members of the trial preparation team In Re EPDM Antitrust Litigation (D.C. Conn.), in which three defendants settled claims for a total of $81 million.
- One of the lead counsel In re PCP Antitrust Litigation (D.C. Conn.), which settled for $80 million.
- One of the lead counsel in In Re Pressure Sensitive Labelstock Antitrust Litigation (M.D. Pa.).
- Member of the trial team in In re Vitamins Antitrust Litigation (D.D.C.), which resulted in a verdict in favor of the plaintiffs and the class of $148.5 million after trebling.
- Woolsey v. JP Morgan Chase & Co. (S.D. Cal.). Representing putative class alleging JP Morgan Chase manipulated the price for electricity within the California electricity market through a series of deceptive bidding strategies, resulting in higher prices to consumers.
- In re Sulfuric Acid (N.D. Ill.) Represented sulfuric acid manufacturer in putative nationwide class action pending in federal court in Chicago and indirect purchaser class action pending in California state court. Plaintiff alleged industry-wide scheme to constrain the supply and inflate the price of sulfuric acid. After eight years of litigation, obtained summary judgment on all direct purchaser claims, which was subsequently affirmed by the Seventh Circuit.
- In re Credit Swaps Default Litigation (N.D. Ill.). Represented financial services company in putative class action alleging defendants conspired to restrict competition in the market for credit default swaps by monopolizing the sell-side of the CDS market and thereby maintaining anti-competitively wide bid-ask spreads.
- Rasterex Holdings v Research in Motion, et al (Fulton Co., Georgia). Represented RIM and co-defendants in trade secret dispute. Plaintiff alleged RIM misappropriated trade secrets and incorporated them into RIM’s Blackberry handheld device. Following summary judgment motions, obtained settlement on eve of trial.
- Safelite Glass Corp. (E.D. Tex.). Obtained summary judgment on behalf of all defendants, and then won affirmance by U.S. Court of Appeals for the Fifth Circuit, defeating all claims in Stewart Glass & Mirror, Inc. v. USA GLAS Corp., a suit by Texas plaintiffs against national corporate competitors asserting conspiracy and monopolization in violation of federal antitrust laws.