Nathaniel D. Regenold

Nov 6, 2024 | cohenmilstein.com | Benjamin Brown |Daniel Gifford |Daniel McCuaig |Nathaniel D. Regenold

A California federal jury hit Commercial Metals Co. with a $110 million antitrust verdict on Tuesday, finding the Texas rebar giant liable for multiple antitrust violations and awarding Pacific Steel Group millions of dollars in lost profits and other damages. A unanimous nine-member jury handed down the verdict in favor of San Diego-based steel fabricator PSG after less than 3 hours of jury deliberations in the high-stakes jury trial that began Oct.

Oct 29, 2024 | cohenmilstein.com | Benjamin Brown |Jared Dummitt |Daniel McCuaig |Nathaniel D. Regenold

Commercial Metals Co.’s ex-CEO conceded during a federal antitrust jury trial Monday that the Texas rebar giant pushed micromill-maker Danieli Corp. into a “hands-off California” exclusivity provision barring Danieli from developing most Golden State rival mills days after discovering Pacific Steel Group was planning to build a mill in Southern California with Danieli. Barbara Smith’s testimony came during the second week of a jury trial that kicked off Oct.