{"id":44696,"date":"2016-03-03T09:00:00","date_gmt":"2016-03-03T13:00:00","guid":{"rendered":"http:\/\/hispanicprwire.com\/si-compro-indirectamente-accesorios-para-tuberia-de-hierro-ductil-entre-el-11-de-enero-de-2008-y-el-31-de-diciembre-de-2013-podria-ser-parte-de-acuerdos-propuestos-de-accion-de-clase\/"},"modified":"2016-03-03T10:04:03","modified_gmt":"2016-03-03T14:04:03","slug":"si-compro-indirectamente-accesorios-para-tuberia-de-hierro-ductil-entre-el-11-de-enero-de-2008-y-el-31-de-diciembre-de-2013-podria-ser-parte-de-acuerdos-propuestos-de-accion-de-clase","status":"publish","type":"post","link":"https:\/\/hispanicprwire.com\/en\/si-compro-indirectamente-accesorios-para-tuberia-de-hierro-ductil-entre-el-11-de-enero-de-2008-y-el-31-de-diciembre-de-2013-podria-ser-parte-de-acuerdos-propuestos-de-accion-de-clase\/","title":{"rendered":"If You Indirectly Purchased Ductile Iron Pipe Fittings between January 11, 2008, and December 31, 2013, You Could Be Affected by Proposed Class Action Settlements"},"content":{"rendered":"<p><\/p>\n<style type=\"text\/css\"><![CDATA[\n\/* Style Definitions *\/\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n]]><\/style>\n<div class=\"xn-content\">\n<p><span class=\"xn-location\">LAKE SUCCESS, New York<\/span>, <span class=\"xn-chron\">March 3, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; The following statement is being issued by Garden City Group, LLC regarding the In re Ductile Iron Pipe Fittings (&#8220;DIPF&#8221;) Indirect Purchaser Antitrust Litigation.<\/p>\n<p>Please read the entire Notice carefully, as these Settlements may affect your rights.<\/p>\n<p><b>What Is This Lawsuit About?<\/b><\/p>\n<p>The Proposed Settlements are in a class action lawsuit called <i>In re Ductile Iron Pipe Fittings (&#8220;DIPF&#8221;) Indirect Purchaser Antitrust Litigation<\/i>, which is pending in the United States District Court for the District of <span class=\"xn-location\">New Jersey<\/span>. The lawsuit alleges that (i) Defendants entered into price-fixing agreements for DIPF in <span class=\"xn-location\">the United States<\/span> in violation of state and federal antitrust laws and state consumer protection laws, (ii) McWane monopolized the alleged market for Domestic DIPF in <span class=\"xn-location\">the United States<\/span> in violation of federal and state laws, and (iii) SIGMA and McWane conspired to restrain trade and to monopolize the alleged market for Domestic DIPF in <span class=\"xn-location\">the United States<\/span> in violation of federal and state laws. The lawsuit claims that plaintiffs paid more for DIPF and Domestic DIPF they purchased than they otherwise would have paid. Defendants deny all of plaintiffs&#8217; allegations. The Court has not made any decision as to the merits of the plaintiffs&#8217; allegations. The Defendants are: SIGMA Corporation, SIGMA Piping Products Corporation, Star Pipe Products, Ltd., McWane, Inc., and its divisions, Clow Water Systems Co., Tyler Pipe Company, and <span class=\"xn-person\">Tyler Union<\/span>. <\/p>\n<p><b>Why Are There Proposed Settlements With SIGMA and Star?<\/b><\/p>\n<p>Both SIGMA and Star have denied all liability and wrongdoing in this case and have asserted various defenses to the plaintiffs&#8217; claims. The Court did not decide in favor of the plaintiffs or SIGMA and Star. Instead, both sides agreed to the SIGMA and Star Settlements to avoid the cost and risk of a trial, and so the class members affected will get compensation. The class representatives and class counsel think the SIGMA and Star Settlements are the best result for all class members. The case is continuing against McWane.<\/p>\n<p><b>Am I a Class Member?<\/b><\/p>\n<p>The <b>SIGMA Settlement<\/b> has two classes: All persons or entities that reside or have a place of business in the 29 affected States (full list available at <u><a href=\"http:\/\/www.dipfindirectsettlement.com\/\" target=\"_blank\" rel=\"nofollow\">www.DIPFIndirectSettlement.com<\/a><\/u>): (1) that purchased DIPF indirectly from any defendant at any time from <span class=\"xn-chron\">January 11, 2008<\/span>, through <span class=\"xn-chron\">June 30, 2011<\/span>; or (2) that purchased Domestic DIPF indirectly from McWane or SIGMA at any time from <span class=\"xn-chron\">September 17, 2009<\/span>, through <span class=\"xn-chron\">December 31, 2013<\/span>.<\/p>\n<p>The <b>Star Settlement<\/b> has only one class: All persons or entities that reside or have a place of business in the 29 affected States (full list available at <u><a href=\"http:\/\/www.dipfindirectsettlement.com\/\" target=\"_blank\" rel=\"nofollow\">www.DIPFIndirectSettlement.com<\/a><\/u>) that purchased DIPF indirectly from any defendant at any time from <span class=\"xn-chron\">January 11, 2008<\/span>, through <span class=\"xn-chron\">June 30, 2011<\/span>.<\/p>\n<p><b>What Do The Settlements Provide and How Do I Get a Payment?<\/b><\/p>\n<p>Under the respective Settlements, SIGMA has agreed to pay <span class=\"xn-money\">$2,005,000<\/span> in cash and Star has agreed to pay <span class=\"xn-money\">$641,250<\/span> in cash. If you are a class member and do not exclude yourself from the Settlements, you may be eligible to receive a payment. The SIGMA amount is subject to possible reduction under paragraph 51 of the Settlement Agreement.<\/p>\n<p>To participate in the Settlements, you must send in a valid Claim Form, available at <u><a href=\"http:\/\/www.dipfindirectsettlement.com\/\" target=\"_blank\" rel=\"nofollow\">www.DIPFIndirectSettlement.com<\/a><\/u>. Be sure to sign the Claim Form and mail it by first-class mail postmarked no later than <span class=\"xn-chron\">June 9, 2016<\/span> to DIPF Indirect Purchaser Antitrust Litigation, c\/o GCG, P.O. Box 10251, <span class=\"xn-location\">Dublin, OH<\/span> 43017-5751.<\/p>\n<p>If the Court approves the Settlements, payments from the SIGMA Settlement Fund and Star Settlement Fund will be distributed in the future to members of each class who submit valid and timely claims.<\/p>\n<p><b>Can I Exclude Myself?<\/b><\/p>\n<p>If you want to keep the right to sue or continue to sue SIGMA or Star (or both of them) about the legal issues in this case, then you must exclude yourself from the Settlement Class with SIGMA and Star.\u00a0<b>If you exclude yourself from either or both Settlement Classes, you will not get any payment from the Settlement(s) from which you are excluded<\/b>.<\/p>\n<p>To exclude yourself, you must send a letter saying that you want to be excluded. Important instructions about how to exclude yourself can be obtained from <u><a href=\"http:\/\/www.dipfindirectsettlement.com\/\" target=\"_blank\" rel=\"nofollow\">www.DIPFIndirectSettlement.com<\/a><\/u>.\u00a0 <b>Your letter must be postmarked by <span class=\"xn-chron\">May 3, 2016<\/span><\/b>.<\/p>\n<p><b>How Do I Object?<\/b><\/p>\n<p>You can object to either or both of the Settlements if you are a class member and have not excluded yourself. <\/p>\n<p>To object, you must send a letter to the Court. Instructions about how to object may be obtained from <u><a href=\"http:\/\/www.dipfindirectsettlement.com\/\" target=\"_blank\" rel=\"nofollow\">www.DIPFIndirectSettlement.com<\/a><\/u>. <b>Your letter must be filed with the Court by <span class=\"xn-chron\">May 19, 2016<\/span><\/b>.<\/p>\n<p><b>What If I Do Nothing?<\/b><\/p>\n<p>If you do nothing, you will remain in the classes for both the SIGMA and Star Settlements. If you remain in the classes, to qualify for a payment you must send in a Claim Form.<\/p>\n<p><b>Who Represents Me?<\/b><\/p>\n<p>The Court has appointed <span class=\"xn-person\">Joseph C. Kohn<\/span> of <span class=\"xn-person\">Kohn Swift<\/span> &amp; Graf, P.C.; <span class=\"xn-person\">Robert S. Kitchenoff<\/span> of <span class=\"xn-person\">Weinstein Kitchenoff<\/span> &amp; Asher, LLC; and <span class=\"xn-person\">David Kovel<\/span> of <span class=\"xn-person\">Kirby McInerney<\/span>, LLP (&#8220;Class Counsel&#8221;) to represent the Settlement Classes for purposes of the SIGMA and Star Settlements. If you want to be represented by your own lawyer concerning the Settlements, you may hire one at your own expense. <\/p>\n<p>These lawyers will ask the Court to approve an award to pay for expenses incurred and that will be incurred in the prosecution of the lawsuit in the amount of <span class=\"xn-money\">$459,250<\/span> (approximately twenty percent of the SIGMA and Star Settlements). The request for expenses will be available for viewing on the website below once it is filed with the Court. The lawyers are not currently seeking an award of attorneys&#8217; fees or incentive awards for the class representatives. Any request for attorneys&#8217; fees will not exceed one-third of the Settlement funds. You will be given notice if a request for an award of attorneys&#8217; fees or incentive awards is made.<\/p>\n<p><b>When Will The Judge Decide?<\/b><\/p>\n<p>The Court will hold a fairness hearing at <span class=\"xn-chron\">10:00 a.m.<\/span> on <span class=\"xn-chron\">June 8, 2016<\/span>, at the United States District Court for the District of <span class=\"xn-location\">New Jersey<\/span>, 402 East State Street, <span class=\"xn-location\">Trenton, NJ<\/span> 08608. If there are objections, the Court will consider them at this time. You may appear at the hearing, but you are not required to do so. The hearing may be moved to a different date or time without notice. You should check the Settlement Website below for updates.<\/p>\n<p><b>This Notice is only a summary. For more information visit <\/b><b><u><a href=\"http:\/\/www.dipfindirectsettlement.com\/\" target=\"_blank\" rel=\"nofollow\">www.DIPFIndirectSettlement.com<\/a><\/u><\/b><b>.<\/b><\/p>\n<p><b>Source:<\/b> Garden City Group, LLC<\/p>\n<\/div>\n<p> <\/p>","protected":false},"excerpt":{"rendered":"<div class=\"xn-content\">\n<p><span class=\"xn-location\">LAKE SUCCESS, New York<\/span>, <span class=\"xn-chron\">March 3, 2016<\/span> \/PRNewswire-HISPANIC PR WIRE\/ &#8212; The following statement is being issued by Garden City Group, LLC regarding the In re Ductile Iron Pipe Fittings (&#8220;DIPF&#8221;) Indirect Purchaser Antitrust Litigation.<\/p>\n<p>Please read the entire Notice carefully, as these Settlements may affect your rights.<\/p>\n<p><b>What Is This Lawsuit About?<\/b><\/p>\n<p>The Proposed Settlements are in a class action lawsuit called <i>In re Ductile Iron Pipe Fittings (&#8220;DIPF&#8221;) Indirect Purchaser&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-44696","post","type-post","status-publish","format-standard","hentry","category-interes-humano"],"acf":[],"_links":{"self":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/44696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/comments?post=44696"}],"version-history":[{"count":0,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/posts\/44696\/revisions"}],"wp:attachment":[{"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/media?parent=44696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/categories?post=44696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hispanicprwire.com\/en\/wp-json\/wp\/v2\/tags?post=44696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}