Antitrust Alert: Frank LLP Notifies Former Employees of an Investigation Involving Possible Antitrust Violations by Rail Equipment Manufacturers Knorr-Bremse AG and Westinghouse Air Brake Technologies Corp.

NEW YORK--()--Frank LLP announces it has commenced an investigation of Knorr-Bremse AG and Westinghouse Air Brake Technologies Corp. concerning possible violations of federal antitrust laws.

On April 3, 2018, the United States Department of Justice announced that it has reached a settlement with Knorr-Bremse AG and Westinghouse Air Brake Technologies Corporation (aka “Wabtec”), two of the world’s largest rail equipment suppliers, to resolve the government’s allegations alleging that the companies had for years maintained unlawful agreements not to compete for each other’s employees. The DOJ further alleged that the companies entered into similar “no-poach” agreements with rail equipment supplier Faiveley Transport S.A. before Faiveley was acquired by Wabtec in November 2016.

Former employees of Knorr-Bremse AG and Wabtec may obtain additional information by emailing info@frankllp.com.

Frank LLP is a national firm based in New York. The firm’s attorneys have extensive expertise in prosecuting antitrust litigation.

Attorney Advertising. Prior results do not guarantee similar outcomes.

Contacts

Frank LLP
Gregory A. Frank, Esq.
Tel: 212-682-1853
info@FrankLLP.com
www.FrankLLP.com

Website

Release Summary

Employees of rail equipment manufacturers may have been subjected to antitrust violations due to "no-poach" agreements.

Frank LLP