Precision Associates, Inc. et al., v. Panalpina World Transport (Holding) LTD. et al, 08-cv-0042 (E.D.N.Y.)

January 28, 2014

On January 28, 2014, the Honorable John J. Gleeson denied substantially all of the motions by Defendants to dismiss claims that Defendants agreed to fix the prices of freight forwarding services in violation of Section 1 of the Sherman Antitrust Act (“Sherman Act”).

Partial settlements of $134,000,000 have so far been obtained in this action. Lovell Stewart is Court appointed co-lead counsel and Christopher Lovell successfully argued in favor of the motions to approve the settlements, and against substantial parts of the motion to dismiss. Contact Gary S. Jacobson, Esq. ( or Benjamin M. Jaccarino, Esq. (