Weyerhauser Loses Antitrust Class Action Lawsuit in Oregon As Jury Awards $28 Million
Oregon Jury Awards $28 Million in Antitrust Class Action Against Weyerhauser
On April 29, 2008, Weyerhauser lost a class action lawsuit filed in Oregon; the class action complaint reportedly alleged antitrust violations in that Weyerhauser allegedly monopolized the market for finished alder lumber. A jury found against Weyerhauser and awarded nearly $28 million in damages, which will be trebled under antitrust laws. Weyerhauser has promised to appeal the judgment.
