DOJ Taps Compliance Monitor In Hoegh Price-Fixing Deal

Law360 (February 7, 2018, 6:09 PM EST) -- The U.S. Department of Justice told a Maryland federal judge Tuesday that it has tapped an independent compliance monitor for Norwegian shipping company Hoegh Autoliners AS, which was hit with a $21 million criminal fine last year for conspiring to fix prices for shipping cars and trucks.

In a letter to U.S. District Judge George L. Russell III, the federal government said it selected Bart M. Schwartz, the chairman of Guidepost Solutions LLC who has years of experience as a trial lawyer, corporate adviser and company chief executive, to serve as Hoegh’s independent compliance monitor as a condition of the company’s...

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