Federal Judge Approves Third Wave Of Settlements In Air Shipping Antitrust Case

Federal Judge Approves Third Wave Of Settlements In Air Shipping Antitrust Case

NEW YORK - A federal judge in New York on Aug. 2 approved nine settlement agreements worth approximately $183 million after reduction for opt-outs between air carriers and direct and indirect domestic and foreign purchasers of airfreight shipping services on their claims that the carriers were part of a worldwide price-fixing scheme (In re:  Air Cargo Shipping Services Antitrust Litigation No. 06-MD-1775, E.D. N.Y.; 2012 U.S. Dist. LEXIS 108299).

Find full version on lexis Advance®
Access this news story on lexis.com®