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Jury Acquits Fla. Shipping Exec In Antitrust Case

Law360, New York (May 12, 2015, 5:37 PM EDT) -- A Puerto Rican jury took about four hours Friday to acquit a Florida shipping executive of violating the Sherman Act by allegedly conspiring to suppress and eliminate competition for freight services to the island.

The U.S. Department of Justice accused Thomas Farmer of working with competing companies to manipulate rates and surcharges for shipments of heavy equipment, perishable food items, medicines and consumer goods.

Attorneys representing the government and Farmer filed hundreds of motions and briefs since the original March 2013 indictment, and then spent over three weeks presenting their cases to the jury, which began deliberating at 9:12 a.m. Friday...

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