Alleged Price-Fixing Results in $99 Million Settlement with Eva Airways
Kaplan Fox & Kilsheimer LLP represented plaintiffs in $99 million settlement subject to court approval with Eva Airways Corp. in In re: Air Cargo Shipping Services Antitrust Litigation, 06-MD-1775 (JG) (VVP), a multi-district litigation pending in the Eastern District of New York.
To date, plaintiffs have entered into settlements with 24 defendant groups totaling $1.04 billion, of which settlements with seventeen defendant groups for $485.5 million have been granted final approval by the court, the firm said in a release.
These settlements are for significant percentages of defendants’ relevant sales of air cargo shipping services to and from the United States. This litigation is still pending against four defendant groups.
Kaplan Fox serves as one of four co-lead counsel representing a class of direct purchasers from defendants of air cargo shipping services for shipments to, from and within the United States seeking compensation for alleged overcharges sustained as a result of a price-fixing conspiracy alleged against over two dozen airlines.
