Chem International
This article was originally published in The Tan Sheet
Executive Summary
Company reaches $4.9 mil. cash settlement with an unidentified defendant supplier in the federal vitamin price-fixing class action lawsuit. In exchange, Chem agrees to opt out of any class settlement, but could receive additional payment pending the ultimate distribution to the class. The Hillside, N.J.-based vitamin and supplement manufacturer says it has claims pending against three other suppliers