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Violation Tracker Individual Record

Company: Polar Air Cargo LLC
Current Parent Company: J.F. Lehman & Company
Penalty: $100,000,000
Year: 2016
Date: October 6, 2016
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-Scandal: Price Fixing
Violation Description: Polar Air agreed to pay $100 million to settle its role in an alleged conspiracy to fix prices in the air cargo industry.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of New York
Civil or Criminal Case: civil
Case ID: 1:06md1775
Case Name: In re Air Cargo Shipping Services Antitrust Litigation
Private Lawsuit Resolution Type: settlement
HQ Country of Current Parent: USA
HQ State of Current Parent: New York
Ownership Structure of Current Parent: privately held
Major Industry of Current Parent: private equity (including portfolio companies)
Specific Industry of Current Parent: private equity (including portfolio companies)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.