CMC faces $110M jury verdict in Pacific Steel antitrust case; trebled to $330M

COMMERCIAL METALS Co

Jury verdict against CMC for $110M, automatically trebled to $330M plus attorneys' fees.
Pacific Steel Group lawsuit alleged trade restraints; trial began Oct 21, 2024, verdict Nov 5.
CMC 'very disappointed,' plans to appeal and will 'vigorously defend its position.'
Case in U.S. District Court, Northern District of California (Pacific Steel Group v. CMC).

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