HP Rips $9M Deutsche Bahn Deal In Price-Fixing Action

Law360, New York (February 16, 2012, 4:57 PM ET) -- Hewlett-Packard Co. on Wednesday moved to intervene in a putative class action in New York over alleged price fixing in the international freight forwarding industry so that it can challenge the terms of a proposed $8.75 million settlement with Deutsche Bahn AG.

Deutsche Bahn and its affiliates — Schenker AG, Schenker Inc., Bax Global Inc. and DB Schenker — are among three defendant groups that have agreed to pay a combined $29 million to settle the litigation, but the so-called Schenker agreement is unique because it...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers

Required