Cosmetic settlement hearing postponed
This article was originally published in The Rose Sheet
Executive Summary
Final approval hearing date for class action agreement between consumers of prestige cosmetics and various high-end cosmetic manufacturers and department stores is rescheduled from Nov. 16 to Jan. 11 by Oakland, Calif. federal court. Agreement, which was reached in July 2003, offers members of the class $175 mil. in department store cosmetics. Lawsuit alleged manufacturers including Estee Lauder, Chanel, Clarins and L'Oréal and department stores such Federated, May's and Dillard's conspired to fix the prices of cosmetics between May 29, 1994 and July 16, 2003...