- Dow Chemical's (DOW -1.6%) bid to throw out a $1.06B price-fixing verdict imposed after customers accused it of conspiring to artificially inflate polyurethane prices is rejected by a U.S. appeals court, which says there is enough evidence to support the class action award.
- The 10th U.S. Circuit Court of Appeals in Denver says new U.S. Supreme Court limits on class actions do not require Dow customers to sue individually, even if some could have avoided price hikes by negotiating or using rival products.
- Dow says it is disappointed in the decision and will appeal, including to the Supreme Court if necessary.