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

By Melissa Lipman

Law360, New York (April 29, 2009, 12:00 AM ET) -- 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...
To view the full article, take a free trial now.

Already a subscriber? Click here to login

You must correct or enter the following before you can submit this form:

All fields required

  5. Required

Only Law360 gives you:

Non-stop coverage of high-stakes litigation across 30 practices

Real-time tracking and reports on 10,000+ companies, firms and industries

Over 80,000 attorney profiles with neutral data collected from active lawsuits

Research tools to find cases, court documents, attorneys and companies

Customized feeds and alerts that can easily be shared with colleagues

In-depth expert analysis from high-profile attorneys at top firms

Access to our vault with over 75,000 original articles