Guilty Pleas Bolster Freight Antitrust MDL: Plaintiffs

Law360, New York (February 24, 2009, 12:00 AM EST) -- Plaintiffs in an antitrust case alleging that a group of shipping companies conspired to eliminate competition in the market for freight services between the U.S. and Puerto Rico are claiming that guilty pleas by five executives in parallel criminal cases are incontrovertible proof of the conspiracy.

In their second amended consolidated complaint, filed Monday in the U.S. District Court for the District of Puerto Rico, the plaintiffs claim that admissions by five of the six individual defendants arising from a probe of the industry by the...
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