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Browse: Home / 2014 / March / 28 / Shareholders claim private equity firms colluded — New York Post

Shareholders claim private equity firms colluded — New York Post

By Securities Docket on March 28, 2014, 8:09 am

Former shareholders seeking billions from the most powerful private equity firms in a bombshell collusion case are expected to seek class-action status on Friday, The Post has learned….

KKR, Bain Capital, Silver Lake Partners, Blackstone Group, Carlyle Group, TPG Capital and Goldman Sachs agreed from 2004 to 2008 not to jump one another’s signed deals, allowing the firms to underpay on eight buyouts worth $170 billion, it is alleged.

via Shareholders claim private equity firms colluded — New York Post

Posted in Class Actions, Industry, Top | Tagged Collusion, Private equity

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