4th Exec Takes Deal In DOJ Cargo Price-Fixing Probe

Law360, New York (April 29, 2009, 12:00 AM EDT) -- A former vice president at Martinair Holland NV has become the fourth executive to accept a plea deal in the U.S. Department of Justice's investigation into a price-fixing conspiracy for international air cargo rates that has already led to guilty pleas or settlements from 15 airlines and more than $1.6 billion in fines.

Dutch citizen Franciscus Johannes de Jong, Martinair's former vice president of cargo sales in Europe from 2001 to 2006, has agreed to serve eight months in prison, pay a $20,000 criminal fine and...
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