Bloomberg News (2/21, Margolies, Harris) reports, “Dow Chemical Co. (DOW) conspired with other companies to fix urethane product prices and must pay buyers of those products more than $400 million in damages, a federal jury in Kansas City, Kansas, ruled. … The case started in 2005 with allegations that Dow plotted with BASF SE (BAS), Huntsman International LLC and Lyondell Chemical Co. in violation of federal law.”

Reuters (2/20) reports that the plaintiffs had sought more than $1 billion in damages for a five-year conspiracy, but Dow was not found liable for the full five years. The piece notes that other defendants in the case have settled.

The Kansas City (MO) Business Journal (2/20, Subscription Publication) reports, “The case drew renewed interest in the legal community when U.S. District Judge John Lungstrum dressed down both sides for making rambling presentations in their opening statements, leaving one juror literally in tears.”