September 23, 2003

Three Cardboard Manufacturers
Agree To $68 Million Settlement

PHILADELPHIA - Three of the world's largest forest-products companies have agreed to collectively pay $68 million to settle two class-action lawsuits that alleged conspiracy to fix prices for containerboard. The companies, International Paper, Weyerhaeuser Co. and Georgia-Pacific Corp., admit no wrongdoing in the settlement, but wanted to avoid litigation, the companies said. Posted by Editor at September 23, 2003 11:06 AM