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Cosmetics settlement approved

This article was originally published in The Rose Sheet

Executive Summary

Oakland, Calif. federal court judge gives final approval March 8 to price-fixing class settlement, which provides members of the class $175 mil. in department store cosmetics. Agreement was reached in July 2003 regarding the lawsuit, which alleged manufacturers including Estee Lauder, Chanel, Clarins and L'Oréal and department stores such as Federated, May's and Dillard's conspired to fix the prices of cosmetics between May 29, 1994 and July 16, 2003 (1"The Rose Sheet" July 21, 2003, In Brief)...

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