Silicone Wristband Makers Accused of Price Fixing Scheme

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An Oregon woman has filed a proposed class action lawsuit against makers of customizable silicone wristbands and lanyards, alleging they violated Section 1 of the Sherman Antitrust Act by conspiring to fix product prices. The suit names the following as defendants:

• Zaappaaz, Inc., which does business as WB Promotions, Inc., Wrist-Band.com and Customlanyard.net
• The individual president of Zaappaaz
• Custom Wristbands Inc., which does business as Kulayful Silicone Bracelets, Speedywristbands.com, Promotionalbands.com, Wristbandcreation.com, and 1inchbracelets.com
• an individual owner of Custom Wristbands
• Netbrands Media Corp., which does business as 24hourwristbands.com
• Casad Company, which does business as Totally Promotional

According to the complaint, which was filed by a former customer, the defendants discussed fixing the prices of their products over text messages, in meetings, and through social media. The suit notes that Zaappaaz, Custom Wristbands, and the individual defendants all recently pled guilty in a lawsuit alleging illegal price-fixing and claims that Netbrands is similarly “not new to the realm of federal crimes.”

The suit seeks to cover the following proposed class:

“All persons or entities in the United States who purchased customized silicone wristbands and lanyards within the United States directly from one or more Defendants, or any of the predecessors, subsidiaries, or affiliates thereof, between June 1, 2014 and the present.”