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

Law360, New York (February 16, 2012, 4:57 PM EST) -- 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...
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