Monday, July 28, 2014
Matson to pay $10M settlement in fraud case
Matson Navigation Company has agreed to pay a $10 million settlement in a fraud case that accuses the shipping company of overcharging for the shipment of household goods between the U.S. mainland and Guam, according to Pacific Business News.
The U.S. government and Mario Rizzo, a whistleblower and freight consultant from Illinois, filed the lawsuit in October 2010.
The lawsuit claims that Matson and Horizon Lines imposed ocean fuel surcharge on the shipment of goods even when the items were being transported by land once they reached the U.S. mainland from Guam or Hawaii.
For more of the Pacific New Center story: www.pacificnewscenter.com
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