Settlement: $80,000,000
Damage Period: August 31, 2008 through March 31, 2016
Background: Plaintiffs specifically allege that Defendants acted to fix margins and unlawfully raise barriers to entry by more efficient, lower priced competitors allowing Defendants to maintain artificially high prices and margins in violation of federal antitrust laws. As a result of this activity, it is alleged that dentists paid higher prices for dental supplies than would have been charged absent the conspiracy.
Class Members: All entities that purchased dental supplies and equipment from a defendant or co-conspirators during the period beginning August 31, 2008, through and including March 31, 2016. Excluded from the Class are Defendants, their subsidiaries, affiliate entities and employees, and all federal or state government entities or agencies.
Defendants:
1) Henry Schein, Inc. (“Henry Schein”)
2) Patterson Companies, Inc. (“Patterson”)
3) Benco Dental Supply Company (“Benco”) (collectively, “Defendants”)
4) Burkhart Dental Supply Company, Inc. ( non-defendant co-conspirator)
Dental Supplies: Dental Supplies include acrylics, adhesive agents, alloys, anesthetics, articulating products, burs, cements and liners, crown and bridge products, endodontics, implants, impression materials, instruments, pins and posts, retraction materials, rubber dam materials, waxes, infection control products, and x-ray accessories (“dental supplies”), as well as various kinds of dental equipment including, imaging devices, dental chairs, and CAD/CAM systems (“dental equipment”).
This is not an official Court Notice. Information contained in this Summary is subject to change.