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McGRAW PRESENTS $10,000 TO CALHOUN LIBRARY - Distributing Money From Price Fixing Settlement

(12/12/2002)

Darrell McGraw explains industrial vitamins in Pop Tarts

The Calhoun County Library received a $10,000 grant yesterday, one of 34 such grants, from Attorney General Darrell McGraw's office. The money was a distribution of funds from a price fixing suit. McGraw joined 18 other states who sued several large vitamin makers, found guilty of unfair trade practices.

McGraw told library officials that much of the suit was based on the pricing of industrial vitamins. "Our investigation revealed a conspiracy to fix prices in 'spheres of influence' around the world," he said, mentioning one of the companies was Bayer.

Happy library supporters get check (L to R) Darrell McGraw, Helen Morris, Glada Stump and Grace Richards

McGraw said "Cereal, flour, livestock feed and hundreds of products are fortified with vitamins," pointing to a box of Pop Tarts.

"It was one of the largest price fixing scams ever, "said McGraw, who began the legal process about five years ago.

West Virginia received about $2 million in damages, with some of the money going to help women with dental problems, some which helped obtain a $3 million federal match for the program.

The library grants will be used to promote fitness, nutrition and health in communities.

The Roane Senior Center received a $28,000 grant and the Roane County Library received a $10,000 grant, according to McGraw.


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