Ainsworth Lumber Named in US Class Action Lawsuit Against North American OSB Producers.VANCOUVER, British Columbia -- Ainsworth Lumber Co. Ltd. ("Ainsworth") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :ANS (ANS Communications, Inc, Purchase, NY) An ISP, Internet backbone and provider of private data network services, founded in 1990 as Advanced Network & Services, Inc., by IBM, MCI and Merit (consortium of Michigan universities). ) announced today that it has been named as a defendant in several lawsuits filed in the United States District Court for the Eastern District of Pennsylvania The United States District Court for the Eastern District of Pennsylvania is one of the original 13 federal judiciary districts created by the Judiciary Act of 1789. It originally sat in Independence Hall in Philadelphia as the United States District Court for the District of . A number of other North American oriented strand board Oriented strand board, or OSB, or waferboard, or Sterling board (UK), is an engineered wood product formed by layering strands (flakes) of wood in specific orientations. ("OSB") producers have also been named as defendants in one or more of the lawsuits. Each lawsuit alleges that the named defendants violated United States antitrust laws in relation to the pricing and supply of OSB from mid-2002 to the present. Each of the named plaintiffs in the lawsuits seeks to have the case certified as a class action, with the named plaintiffs serving as the representative of a class of persons and entities that purchased OSB in the United States between mid-2002 and the present. Ainsworth believes that the allegations against it are entirely without merit and will conduct itself accordingly. Ainsworth Lumber Co. Ltd. (TSX:ANS) |
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