SOURCE: Kaplan Fox & Kilsheimer LLP

January 14, 2011 09:54 ET

Kaplan Fox Announces $26.5 Million Settlement With Qantas Airways Ltd.

NEW YORK, NY--(Marketwire - January 14, 2011) - Kaplan Fox & Kilsheimer LLP (www.kaplanfox.com) announced a $26.5 million settlement subject to court approval with Qantas Airways Ltd. 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. Kaplan Fox serves as one of four co-lead counsels 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.

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