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Indirect purchasers of caustic soda denied class certification in US price-fixing case

( December 16, 2024, 23:31 GMT | Official Statement) -- MLex Summary: Indirect purchasers of caustic soda bringing US price-fixing claims against Olin, Occidental Chemical and several other manufacturers failed to convince a federal judge to grant them class certification. US District Judge Elizabeth A. Wolford said that the model used by plaintiffs’ expert is fundamentally unsound because it does not accurately reflect the complex and varied contracts that existed between defendants and their customers during the relevant time period.See attached file. ...

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