15:1 Antitrust Litigation
A Brooklyn federal judge on Friday gave his final approval to a pair of settlements totaling over $53.5 million from several DHL Express companies and Hellmann Worldwide Logistics Inc. over claims of an international price-fixing scheme for freight forwarding services, the final deals in a class action expected to net well over $406 million.
Hellmann Worldwide Logistics Inc. will pay $550,000 to settle claims it participated in an international price-fixing scheme for freight forwarding services, effectively ending a proposed class action launched in 2008, freight service purchasers said Monday in New York federal court.
DHL Express (USA) Inc. agreed to pay $53 million to resolve a putative antitrust class action accusing the shipping company and others of participating in an international price-fixing scheme, according to documents filed Tuesday in New York federal court.
A New York federal judge on Tuesday signed off on 11 settlements totaling $197.6 million in an antitrust class action accusing freight-forwarding companies of participating in an international price-fixing scheme.
DHL Express (USA) Inc. and shipping purchasers reached an agreement in principle to settle international price-fixing putative class action claims, the purchasers said in a Wednesday letter to New York federal judges requesting they halt all proceedings involving DHL.
Korean Air Lines, Singapore Airlines and two other major airlines have received final approval in New York federal court of settlements worth more than $360 million in litigation alleging they conspired with other carriers to fix the price of air cargo services.
A New York federal judge has dismissed two Hellmann Worldwide Logistics units from a long-running antitrust class action lobbed by purchasers alleging an international price-fixing scheme, just days after other freight-forwarding companies agreed to pay nearly $200 million in 11 separate settlements.
Freight-forwarding companies accused of participating in an international price-fixing scheme have agreed to pay a total of $197.6 million in 11 separate settlements to end a long-running putative antitrust class action lobbed by purchasers, according to a New York federal court filing Monday.
DHL Express (USA) Inc. on Wednesday urged a New York federal judge to trim an antitrust class action alleging a price-fixing conspiracy among freight companies, arguing that after it approached antitrust regulators, subsequent claims fall flat.
A class of plaintiffs suing freight companies over an alleged price-fixing conspiracy told a New York federal judge Friday that DHL Express (USA) Inc. and related defendants are "simply wrong" to claim that they withdrew from the conspiracy after turning themselves in to antitrust regulators in October 2007.