Project Managers, Engineers, Sales Executives, Business Unit Heads, and Corporate Officers of Knorr-Bremse, Wabtec or Faiveley Transport May Have Legal Claims
PHILADELPHIA, PA, UNITED STATES, April 13, 2018 /EINPresswire.com/ — On April 3, 2018, the U.S. Department of Justice (“DOJ”) announced that it reached a settlement with Knorr-Bremse AG (“Knorr”) and Westinghouse Air Brake Technologies Corporation (“Wabtec”), two of the world’s largest rail equipment suppliers, to resolve a lawsuit alleging that the companies had for years maintained unlawful agreements not to compete for each other’s employees. The lawsuit further alleges that the companies entered into similar “no-poach” agreements with rail equipment supplier Faiveley Transport S.A. (“Faiveley”) before Faiveley was acquired by Wabtec in November 2016.
The Justice Department’s Antitrust Division filed a civil antitrust lawsuit in United States District Court for the District of Columbia to challenge Knorr and Wabtec’s no-poach agreements. At the same time, DOJ filed a proposed settlement that, if approved by the Court, would resolve DOJ’s competitive concerns and restore competition for employees, to the benefit of U.S. workers.
According to the Department of Justice’s complaint, the no-poach agreements between Knorr, Wabtec, and Faiveley restricted competition for U.S. rail industry workers, which limited their access to better job opportunities, restricted their mobility, and deprived them of competitively significant information that they could have used to negotiate for better terms of employment.
Assistant Attorney General Makan Delrahim stated, “The unlawful no-poach agreements challenged today restrained competition for employees and deprived rail industry workers of important opportunities, information, and the ability to obtain better terms of employment.”
WERE YOU EMPLOYED AS A PROJECT MANAGER, ENGINEER, SALES EXECUTIVE, BUSINESS UNIT HEAD OR CORPORATE OFFICER BY KNORR-BREMSE AG, WABTEC (WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORPORATION), FAIVELEY TRANSPORT S.A., NEW YORK AIR BRAKE CORPORATION, KNORR BRAKE COMPANY, OR FAIVELEY TRANSPORT NORTH AMERICA BETWEEN 2009 AND THE PRESENT?
If so, then you may have a legal claim for compensation arising from the anticompetitive conduct. Please visit Kehoe Law Firm’s Knorr Wabtec page, e-mail email@example.com or, if you wish to discuss your potential legal options privately with an attorney, contact Michael Yarnoff, Esq., (215) 792-6676, Ext. 804, firstname.lastname@example.org.
Michael Yarnoff, Esq.
Kehoe Law Firm, P.C.
2157926676, Ext. 804
email us here
Source: EIN Presswire