Congratulations to the Quinn Emanuel team, led by William C. Price and Steig D. Olson, with the indispensable help of Rachel L. McCraken, Nicolas Siebert, and William A. Scarfone, for securing a $110 million antitrust verdict in the case of Pacific Steel Group v. Commercial Metals Co. et al., C.A. No. 4:20-cv-07683 in the U.S. District Court for the Northern District of California. After less than three hours of deliberation, the unanimous nine-member jury delivered a verdict favoring our client, Pacific Steel Group, a San Diego-based steel fabricator, awarding significant damages for lost profits and other economic harms.
The litigation centred on Commercial Metals Company’s anticompetitive agreement with the steel mill supplier Danieli Corp., which precluded Pacific Steel Group from establishing its own steel mill in California.
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