Epic Leveraged Buyout Price Fixing Collusion Case Settles for $590 Million
24th November 2014
A Massachusetts federal judge on Friday granted final approval to $590 million in settlements and a $200 million attorneys' fee in a class action claiming Goldman Sachs Group Inc., Carlyle Group LP and other private equity firms teamed up to keep leveraged buyout prices low, moving the long-running suit toward completion. The case is Kirk Dahl et al. v. Bain Capital Partners LLC et al., 1:07-cv-12388 (Mass. 2014).
By: Ray Moss
In:
Corporate Finance & Securities