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Korean Noodles Antitrust Settlement

Closed Settlement Statement: 
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.
Settlement Structure: 
Case Summary: 

Makers of Korean noodles are involved in antitrust cases alleging that the companies conspired to fix or raise the price of the noodles in the US. The noodles at issue are instant noodle soup products that include dried instant noodles, a seasoning packet, and dehydrated vegetables in a bag, cup, or bowl. One company, Samyang Foods Co., Ltd.,  has now agreed to a settlement with two classes. The non-settling defendants include Nongshim Co., Ltd., Nongshim America Inc., Ottogi Co. Ltd., Ottogi America, Inc., and Korea Yakult Co., Ltd. Benefits from this Samyang settlement will be distributed only to the Direct Purchaser Class. No funds will be distributed to the Indirect Purchasers Class because it likely includes millions of class members but has only a small settlement fund.

Docket Number: 
Class Period: 
Tuesday, May 1, 2001 to Friday, December 31, 2010
Filing Deadline: 
Wednesday, November 13, 2019
Objection Deadline: 
Wednesday, November 13, 2019
Exclusion Deadline: 
Friday, June 9, 2017
Final Approval Hearing: 
Wednesday, December 11, 2019
Package of Samyang Instant Noodle Soup