BP Products Propane Antitrust Litigation
Court: United States District Court for the Northern District of Illinois
Case No.: MDL No. 1801
Leadership Position: Co-Lead Class Counsel
Wexler Wallace was appointed Plaintiffs’ Co-Lead Class Counsel in this antitrust class action filed against BP Products North America, Inc. Wexler Wallace represented indirect purchasers of propane who were damaged by BP’s unlawful price manipulation after it cornered the propane market in February 2004. In true antitrust, BP was alleged to have manipulated the price of propane through anticompetitive conduct known as cornering the market. On February 10, 2010, the Court approved a settlement with BP worth $15,250,000.