Furniture makers allege price-fixing scheme

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Published: March 15,2011

Tags: courts, furniture, manufacturing, price fixing

ABERDEEN — Five North Mississippi furniture manufactures have sued over what they claim was a price-fixing conspiracy involving foam products.

The lawsuit was filed March 11 in U.S. District Court in Aberdeen. The plaintiffs are H.M. Richard Inc., Foamco Sales Inc., Prime Designs Inc., Legends Inc. and Houston Foam Fabricators Inc.

The lawsuit, which gives only one side of the legal argument, contends the FBI uncovered the conspiracy when it raided offices of some of the defendants last summer.

The raids, they alleged, were in connection with a “multi-jurisdiction investigation into the pricing practices of polyurethane foam products.”

The defendants are 11 suppliers of foam products used in furniture manufacturing. They are located throughout the country.

Source: The Associated Press

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