In re Polyester Staple Antitrust Litigation

Heins Mills & Olson served as co-lead counsel and co-lead trial counsel in In re Polyester Staple Antitrust Litigation (MDL No. 1516, W.D.N.C.), a price-fixing action on behalf of business purchasers of polyester staple fiber. The case was settled on the eve of trial, scheduled to begin in March 2008, bringing the total recovery from all defendants to $63 million – an amount exceeding single damages suffered by the class.