Freight Forwarders Antitrust
Settlement: Precision Associates, Inc et al v. Panalpina World Transport (Holding) LTD. et
Settlement Fund: $356,785,362.00
Case Synopsis: Freight forwarding companies (“Defendants”) around the world were sued by a group of businesses (“Plaintiffs”) who claim that the companies conspired, in violation of antitrust laws, to fix the prices for freight forwarding services during certain time periods.
Eligibility Requirements: Consumers or companies that a) directly purchased freight forwarding services; b) in the U.S. or outside the U.S. for shipments within, to, or from the U.S. c) from any of the Defendants, their subsidiaries, or affiliates; d) between 1/1/2001-9/14/2012.