In re California Gasoline Spot Market Antitrust Litigation
Opinion
Trial Court Opinion
UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 IN RE CALIFORNIA GASOLINE SPOT Case No. 3:20-cv-03131-JSC
MARKET ANTITRUST LITIGATION
ORDER RE: MOTION FOR
PRELIMINARY APPROVAL Re: Dkt. No. 601
12 Plaintiffs filed this putative class action bringing state antitrust and unjust enrichment claims against SK Energy Americas, Inc., Vitol Inc., and two individual defendants alleging Defendants formed horizonal agreements to restrain competition and manipulate the spot market for gasoline and gasoline blending components formulated for use in California. Plaintiffs now move for preliminary approval of a class action settlement resolving these claims. (Dkt. No. 601.1) Having considered the briefing and relevant legal authority, having had the benefit of oral argument on August 8, 2024, and given the additional information provided in Plaintiffs’ supplemental submission (Dkt. No. 613), the Court GRANTS the motion for preliminary approval. …