Labaton Sucharow LLP Files Class Action Lawsuit Against Florida Cement and Concrete Producers

NEW YORK--(Business Wire)--
Labaton Sucharow LLP filed a class action lawsuit on October 21, 2009 in the
United States District Court for the Southern District of Florida, on behalf of
all individuals or entities that purchased Portland Cement or Ready Mix Concrete
in Florida. The Proposed Class is seeking treble damages and injunctive relief
under Section 1 of the Sherman Act.

Jay Himes, Partner and Co-Chair of Labaton Sucharow`s Antitrust Practice Group
stated, "We intend to vigorously prosecute on behalf of our clients that have
been hurt as a result of this major price fixing scandal."

Plaintiffs allege that Defendants eliminated competition in the markets for
Cement and Concrete by charging artificially high prices for these products in
Florida from at least January 1, 2000 to the present. Plaintiffs further allege
that Defendants facilitated this conspiracy through in-person meetings,
telephone conversations, and other communications. The complaint details the
specific employees who participated in the conspiracy as well as the locations
at which illegal pricing was discussed.

Defendants are Cemex Corp., Florida Rock Industries, Inc., Holcim (US), Inc.,
Lafarge North America, Inc., Lehigh Cement Company, Suwannee American Cement
LLC, Titan America LLC and Votorantim Cimentos North America, Inc.

Plaintiffs are represented by Labaton Sucharow LLP.

Labaton Sucharow LLP
Stacey Szluka, 212-907-0664
sszluka@labaton.com

Copyright Business Wire 2009