BHL Bogen

BHL Bogen
BridgehouseLaw LLP - Your Business Law Firm

Tuesday, December 06, 2005

130 Million Dollar - Vitamin manufacturers settle suit

http://cnews.canoe.ca/CNEWS/Canada/2005/11/08/1298283-cp.html

Four of the world's leading vitamin manufacturers have settled a $130-million lawsuit that was initiated by a Quebec consumers group.

Hoffmann-Laroche, BASF, Rhone-Poulenc and Lonza were found guilty six years ago.

The verdict: hiking the price of vitamins and various products.

Now the result: money tobe divided between local non-profit organizations and companies that bought the vitamins for their products.

Individuals will not get any cash.

So why sue then?

Pro bono!

For the public good ;-)

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