Indirect Drywall Purchasers Antitrust Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

A settlement has been reached with the final defendants in an antitrust case alleging that manufacturers conspired to manipulate the price of drywall and to eliminate the longstanding practice of limiting price rises during a construction project through the use of “job quotes.” Previously, settlements were reached with TIN, USG, and LaFarge, and have been approved. This settlement is with the remaining defendants, including NGC, American Gypsum, and PABCO and totals $1,250,000. If it is approved, the total settlement fund will be just under $17 million. 

Docket Number:

MDL No. 2437 and 13-MD-2437

Company: NGC Inc.

Filing Deadline: January 9, 2019

Class Period: January 1, 2012 to January 5, 2018

Objection Deadline: September 21, 2018

Exclusion Deadline: September 21, 2018

Final Approval Hearing: October 25, 2018

Proof of Purchase:

No, but awards for those without proof will be smaller than for those with proof.

Eligibility:

You may be eligible if you currently live in the US, and indirectly bought drywall in the US in one of the states named below, made by any of the defendants, their subsidiaries, affiliates, or joint ventures, for end use and not for resale, between January 1, 2012 and January 5, 2018.

Buying drywall “indirectly” means buying it from a source other than the maker. “For end use” includes drywall purchased by a contractor for a specific project, such as renovating an office building or repairing a home.

The states included are: Arizona, Arkansas, California, the District of Columbia, Florida, Illinois, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Puerto Rico, Rhode Island, South Dakota, Tennessee, Utah, Vermont, West Virginia, and Wisconsin. (These states have antitrust or consumer protection laws that allow customers to sue for damages for antitrust violations.)

Typical Settlement Amount:

Pro rata share of net settlement fund. Purchases with proof will be rated at 100% of their value. Purchases without proof will be valued at $11 per sheet and rated at 75%, with awards capped at $100. Only those with claims of $50 or more will receive awards. State entities will have their claims valued at 61%.

Total Settlement Amount: $16.95 million

Class Representative Proposed Incentive Fee:

$6,000

Law Firms:
Block & Leviton LLP
Finkelstein Thompson LLP
Green & Noblin PC

Claim Form: Drywall Indirect Purchase Settlement Claim Form

Case Name: In re Domestic Drywall Antitrust Litigation

Settlement Website: Drywall Indirect Purchase Settlement Website

Claims Administrator:
Heffler Claims Group

Claims Administrator Contact Information:

Indirect Drywall Settlement
c/o Heffler Claims Group
P.O. Box 58190
Philadelphia, PA 19102-8910
1-855-229-7511

Tags: Antitrust, Construction Business