Zinc Antitrust Settlement



If You Purchased LME U.S. Zinc from a Primary Zinc Producer or Glencore Ltd. From September 14, 2010 to February 11, 2016 and Paid the Platts Zinc Midwest Special High Grade Premium or Similar Price Premium in the United States, You Could be Due Money Back from a Proposed Class Action Settlement.



Settlement Amount: $9,850,000


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Deadline to File: January 28, 2022



Class Members:



All persons and entities that purchased LME U.S. Zinc and paid the Platts Zinc MW SHG Premium or similar price premium in the United States from a primary zinc producer or Glencore from September 14, 2010 to February 11, 2016.


Excluded from the Settlement Class are Defendants and all other defendants named in the Corrected and Consolidated Amended Complaint, filed September 28, 2015 and their officers, directors, management, employees, subsidiaries, or affiliates, and all federal governmental agencies.



Class Period:



  • September 14, 2010 to February 11, 2016


Claim Based on:



Total dollar volume of purchases of SHG Zinc who paid the Platts Zinc MW SHG Premium or similar price during the class period (11/14/10-2/11/16) weighted by producer.



Defendants:



  • Glencore
  • Access World


Background:



Plaintiffs claim that, during the period from September 14, 2010 to February 11, 2016, Defendants engaged in anticompetitive conduct in violation of the federal antitrust laws. Plaintiffs allege that, as a result of Defendants’ anticompetitive conduct, Plaintiffs and other members of the Settlement Class (defined as all persons and entities that purchased LME U.S. Zinc and paid the Platts Zinc MW SHG Premium or similar price premium in the United States from a primary zinc producer or Glencore overpaid for SHG Zinc.


Defendants deny Plaintiffs’ allegations, deny that they engaged in any wrongdoing of any kind, that they violated or breached any law or regulation, or that they have liability as a result of any and all allegations made by Plaintiffs. The Court has not made any decision as to the merits of Plaintiffs’ claims.



This is not an official Court Notice. Information contained in this Summary is subject to change.



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