Criminal,
Antitrust & Trade Reg.
Jan. 6, 2021
Bail company must face antitrust class action, judge rules
While he dismissed every other defendant, U.S. District Judge Jon S. Tigar on Tuesday allowed claims against the American Surety Company and its chief executive, William Carmichael, to survive. He found the customer plaintiffs sufficiently alleged that both acted as “ringleaders” of a conspiracy to fix premiums and discourage rebates.
A leading bail bonds surety company and its president must face an antitrust class action by customers accusing them of masterminding an anticompetitive scheme to fix the prices of bail bonds in California.
While he dismissed every other defendant, U.S. District Judge Jon S. Tigar on Tuesday allowed claims against the American Surety Co. and its chief executive, Willi...
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