Ex-Sea Star Prez Gets Longest-Ever Antitrust Sentence

Law360, San Francisco (December 11, 2013, 6:18 PM EST) -- A Puerto Rico federal judge on Friday sentenced Sea Star Line LLC's former president to five years in prison for his role in a conspiracy to manipulate the prices charged by the ocean-shipping company — the longest-ever prison sentence for an antitrust violation, prosecutors said.

Although the term set by U.S. District Judge Daniel Dominguez is less than the 87 months the U.S. attorney's office had recommended for former president Frank Peake, federal prosecutors said it sent a message to executives who engage in price-fixing....
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