AGG Attorney, Jeffrey Jacobovitz Quoted in Bloomberg Article

Arnall Golden Gregory attorney, Jeffrey S. Jacobovitz, was recently quoted in Bloomberg.  The article entitled, “Chinese Vitamin C Makers Fixed Prices, U.S. Jury Says,” describes Chinese vitamin C makers who were ordered to pay $162.3 million to U.S. customers for fixing export prices after a federal court jury in New York found their actions weren’t compelled by the nation’s government.

The jury of five women and two men in Brooklyn returned a verdict, finding that American dietary supplement firms which filed the antitrust lawsuit proved their case against the Chinese companies. Jurors deliberated for just half a day before reaching a decision to award $54.1 million in damages, which were tripled to $162.3 million under U.S. law.

“It was a clear-cut case to them and they didn’t buy that defense at all,” Jeffrey S. Jacobovitz, of Arnall Golden Gregory LLP, said in a phone interview.

For the full article, please click here