Japanese firm pays $45M in US import cheating case

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by Associated Press

WCNC.com

Posted on December 17, 2012 at 5:33 PM

RALEIGH, N.C. (AP) -- A Japanese producer of violet coloring for inks and plastics is paying more than $45 million to settle allegations it falsely described where the products were made to avoid U.S. import duties on Chinese and Indian makers. 

The U.S. Justice Department said Monday the settlement with Toyo Ink SC Holdings Co. Ltd. and its affiliates in New Jersey and Illinois comes three years after the lawsuit was filed in Charlotte by a South Carolina competitor. The Justice Department had previously found Chinese and Indian companies were unfairly selling into the U.S. 

The government says John Dickson of Nation Ford Chemical Co. in Fort Mill, S.C., will collect nearly $7.9 million under a law that allows private citizens to sue on behalf of the United States and share in any recovery.  

 

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