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Arctic Glacier Packaged Ice Antitrust Litigation Class Action Lawsuit Settlement

If You Were A Purchaser Of Packaged Ice Who Purchased Packaged Ice In The United States Directly From Arctic Glacier Inc., Arctic Glacier International, Inc., Arctic Glacier Income Fund, Reddy Ice Corporation, Reddy Ice Holdings or Home City Ice Company (The “Defendants”) Or Their Subsidiaries Or Affiliates (And All Predecessors Thereof) At Any Time During The Period From And Including January 1, 2001 To And Including March 6, 2008, Your Rights May Be Affected By A Class Action Settlement.

A class action settlement has been reached in a class action lawsuit against Arctic Glacier Inc., Arctic Glacier International, Inc. and Arctic Glacier Income Fund (collectively, “Arctic Glacier”) pending in the United States District Court for the Eastern District of Michigan (styled In Re Packaged Ice Antitrust Litigation, Class Action Case No. 08-MD-01952) alleging, among other things, that Defendants violated the antitrust laws of the United States by conspiring to raise, fix, maintain or stabilize the price of Packaged Ice (i.e., ice packaged in bags, as well as ice in blocks) and/or allocate markets and customers, according to the Arctic Glacier Packaged Ice Antitrust Class Action Settlement notice.

The Arctic Glacier Packaged Ice Antitrust Settlement Class reportedly includes all purchasers of Packaged Ice who purchased Packaged Ice in the United States directly from any of the Defendants or their subsidiaries or affiliates (including all predecessors thereof) at any time during the period from January 1, 2001 to March 6, 2008.  Excluded from the Settlement Class are governmental entities and Defendants, including their parents, subsidiaries, predecessors or successors, and Defendants’ alleged co-conspirators.

Pursuant to the Arctic Glacier Packaged Ice Antitrust Settlement Agreement, Arctic Glacier has agreed to pay the sum of $12,500,000 (the “Settlement Fund”) in two installments, and to cooperate with Plaintiffs in the prosecution of the remaining lawsuit against Reddy Ice.

For more information on the Arctic Glacier Packaged Ice Antitrust Litigation Class Action Lawsuit class action settlement, visit class counsel’s website www.kohnswift.com.

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