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Blue Square Israel Ltd
Blue Square Announces its Subsidiary Served With a Claim and Request for Approval as a Class Action
June 21st, 2008
Blue Square-Israel Ltd. (NYSE: BSI) (hereinafter: "Blue Square") announced that on June 3, 2008 its subsidiary the Blue Square Chain (Hyper Hyper) Ltd. (hereinafter: "Hyper") was served with a claim and a request for approval as a class action (the "Claim"), in which Hyper is being sued together with other defendants, regarding the marketing of ink cartridges. The Claim alleges that the defendants coordinated the prices of certain Hewlett-Packard ("HP") ink cartridges sold by them, in a way that constitutes allegedly an agreement in restraint of trade. According to the claim, the defendants allegedly sell HP ink cartridges for a...
Source: Law & Health Weekly (2008-06-21)
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