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Simpson Thacher Represents Fidelity in a Putative Antitrust Class Action Involving Title Insurance

02.15.08
The Firm has been retained by the Fidelity family of title insurance companies to defend it in a recently filed antitrust action. The complaint, which was brought on behalf of a class of purchasers of title insurance in New York, alleges that title insurance companies conspired to fix prices through a state licensed ratesetting organization. The STB team working on the case consists of Barry Ostrager, Kevin Arquit, Scott Kobak, Patrick Shilling, Allyson Rothberg, and Devin Ryan.