Taken together, these two cases have yielded settlements of over $1.4 billion to class members after nearly a decade of litigation. The award celebrates private civil actions that provide significant benefits to clients, consumers, or a class and contribute to the positive development of antitrust policy.
Hausfeld partner Brent W. Landau said: “We are honored to have been recognized by the AAI for our hard work and achievements in the Air Cargo litigation. Our success in this case demonstrates the importance of robust private enforcement of the antitrust laws, which serves both to compensate victims of price-fixing and to deter future anticompetitive conduct.”
Hausfeld partner Megan E. Jones said: "The municipal derivatives case, which spanned from 2006 to 2016, demonstrated the grit and determination of our litigation team to obtain results for our class members. We are honored by the AAI recognition, which recognized the benefit that this case was able to obtain for cities and municipalities throughout the U.S."
Earlier in the day, Brent Landau presented on a conference panel addressing, “Recent Trends in Bundling and Loyalty Discount Cases: Where is the Law Headed and Is It Consistent With Recent Economic Thinking?"
For more information about the American Antitrust Institute and its Antitrust Enforcement Awards, please visit http://www.antitrustinstitute.org.