Crowley To Pay $13.8M To Exit Shipping Antitrust MDL

Law360, New York (January 20, 2010, 2:21 PM EST) -- Crowley Maritime Corp. has agreed to pay $13.75 million to resolve claims against it in the antitrust multidistrict litigation alleging the shipping company and its rivals conspired to eliminate competition in the market for freight services between the U.S. and Puerto Rico, according to attorneys for the plaintiffs.

Crowley filed a motion Tuesday in the U.S. District Court for the District of Puerto Rico informing interested parties that it had reached a settlement to resolve all the allegations against it in the multidistrict litigation and that...
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