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Hillenbrand, Inc.
Magistrate Judge Recommends Denial of Class Certification in Funeral Industry Antitrust Litigation
December 14th, 2008
Hillenbrand, Inc. (NYSE:HI) -- On Nov. 24, 2008, a magistrate judge in the United States District Court in the Southern District of Texas (Houston) issued recommendations that plaintiffs' motions for class certification be denied in two previously disclosed antitrust lawsuits against Batesville Casket Co., Inc. and Hill-Rom Holdings, Inc. As previously reported, a purported consumer advocacy group, the Funeral Consumers Alliance, and several consumers who had purchased Batesville caskets had filed a purported class-action lawsuit ("FCA Action") against Batesville Casket Company, Inc., Hill-Rom Holdings, Inc. (formerly known as Hillenbrand Industries, Inc.), and three of...
Source: Pharma Investments, Ventures & Law Weekly (2008-12-14)
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