Federal Court Jury Awards Verdict Worth $20 Million in Antitrust Case Against Johns Manville

Federal Court Jury Awards Verdict Worth $20 Million in Antitrust Case Against Johns Manville

Business Wire

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DENVER--(BUSINESS WIRE)--A federal court jury in Denver has found in favor of manufacturer Thermal Pipe Shields, Inc. (TPS) in its antitrust case against Johns Manville Corporation, a Berkshire Hathaway Company, and awarded TPS $6.78 million. Because the law calls for treble damages, the award is worth $20.35 million, plus attorneys fees. The verdict, in the U.S. District Court for the District of Colorado, follows a nearly five-year battle over calcium silicate pipe insulation, known as “calsi

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