SOURCE: Kaplan Fox & Kilsheimer LLP

July 21, 2011 15:59 ET

Kaplan Fox Announces $3.29 Million Settlement With South African Airways Ltd.

NEW YORK, NY--(Marketwire - Jul 21, 2011) - Kaplan Fox & Kilsheimer LLP ( announces a $3.29 million settlement subject to court approval with South African Airways Ltd. ("SAA") 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. In addition, SAA will provide notice costs of $150,000.

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.

You may contact the following Kaplan Fox attorneys about the case and the settlement at (212) 687-1980:

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