Titanium Dioxide Antitrust Settlement Overview:
Plaintiffs alleged in a complaint filed in February 2010 that the Defendants and certain co-conspirators unlawfully conspired to fix, raise, maintain or stabilize the prices of titanium dioxide sold in the United States during the Class Period in violation of the federal antitrust laws. Plaintiffs claim that, as a result of these alleged violations of the antitrust laws, they and other members of the Class paid more for titanium dioxide (TiO2) than they would have paid absent such wrongful conduct. Plaintiffs seek recovery of treble damages and injunctive relief, together with reimbursement of costs and an award of attorneys’ fees. The separate settlements totaling $163.5 million have been reached by Plaintiffs on behalf of the Class and certified by Order of the Court on August 28, 2012. The Titanium Dioxide Settlements are currently pending approval by the Court.
Class Members Eligible for Titanium Dioxide Antitrust Class Action Settlement:
All persons or entities (excluding Government entities and companies listed below, together with their parents, predecessors, subsidiaries and affiliates) who purchased titanium dioxide in the United States directly from any of the Defendants during the period February 1, 2003, to January 11, 2013 and who did not previously validly and timely exclude themselves from the Titanium Dioxide Settlement class.
The Defendants are Cristal USA Inc. (or Millennium Inorganic Chemicals Inc.), E. I. du Pont de Nemours & Co., Huntsman International LLC (or Huntsman Tioxide) and Kronos Worldwide Inc. Plaintiffs also allege that Tronox Inc. (or Kerr-McGee Corporation) was a participant in the alleged conspiracy. Tronox filed for bankruptcy protection in January 2009 and was not named a Defendant.
Definition of Titanium Dioxide (TiO2):
Titanium dioxide (TiO2) is a naturally occurring mineral used as a bright white pigment for paint, in the food industry as a coloring, in sunscreens and cosmetics, and in other industrial uses. After processing, it is exists as white, powdery solid. Titanium dioxide has excellent ultraviolet (UV) resistant qualities and acts as a UV absorbent. In the pharmaceutical industry, titanium dioxide is used in most sunscreens to block UVA and UVB rays, similar to zinc oxide. It is also commonly used as pigment for pharmaceutical products such as gelatin capsules, tablet coatings and syrups. In the cosmetics industry, it is used in toothpaste, lipsticks, creams, ointments and powders. These are the industries and uses for Class Members that fit into the pending Titanium Dioxide Class Action Antitrust Settlement.
Required Action Step:
Get Started by providing your details, then upon execution of our service agreement, CAC Recovery will file your claims and assist you in gathering the specific documentation necessary to maximize your Titanium Dioxide Class Action Settlement recovery.
Our Class Action Settlement Services:
CAC Recovery navigates the complex intricacies of the Titanium Dioxide Class Action Settlement claims filing process to help businesses maximize their settlement recoveries.
Our class action settlement services include:
- Identifying class action claims where businesses may be eligible to file
- Filing the class action claim with supporting documentation
- Interacting with the class action Claims Administrator
- Providing updates on class action claim settlements status
- Resolving Claims Administrator questions on claims
- Reviewing the recovery to assure the correct compensation claims amount has been received
Our Guarantee: We Get Paid When You Recover – No hidden charges or up-front fees. We provide our class action settlements services based on a contingency fee.
Getting Started is easy! We’ll first have you fill out our ‘Get Started‘ form and a CAC representative will contact you within 24 hours to review your eligibility and walk you through the claims process.