Steel Dynamics Inc., a steel producer headquartered in Fort Wayne, Indiana, has entered into an agreement to settle the direct purchaser class action litigation, Standard Iron Works v. Arcelor Mittal, et al, for $4.6 million. The lawsuit was brought in Chicago federal court in 2008 by a class of direct steel purchasers, alleging that the company, among other steel producers, had participated in …
Construction litigation specialist launches class action Last updated 13:27, August 31 2016 Four suppliers were affected by concerns about steel mesh strength this year. A specialist construction litigation law firm is hoping to deliver financial compensation to the owners of recently-built buildings, with a new class action suit. Adina Thorn is inviting registrations of interest for what it …
Engineer Bryan Thompson had initially sued BNSF Railway for neglecting safety measures, but added Standard Steel later. Thompson was injured in the derailment, according to court documents. He alleges that a Standard Steel-made axle “failed suddenly and catastrophically,” causing the derailment, a complaint initially filed in Cass County District Court alleges.