The subject of today’s class action lawsuit revolves around a price fixing scheme to keep airline tickets high. The Korean Air Passenger lawsuit claims that Korean Air Lines Co., Ltd. and Asian Airlines Inc. conspired to fix prices for air passenger travel between the U.S. and the Republic of Korea. The price fix resulted in a higher charge to the consumer when flying with these companies. The total settlement is benefit will be $65,000,000 to be paid by Korean Air in the form of $39,000,000 in cash and $26,000,000 in coupons for future travel. Class members will have until December 31, 2013 to file a claim. Any claims submitted after that date will be void. Class members will have until October 25, 2013 to object or exclude themselves from the settlement. KoreanAirPassengerCases.com provides more information about the case as well as an online claim form. The website is supervised by counsel and the Court and is controlled by Rust Consulting, the Settlement Administration. Class members who elect to stay in the settlement will be represented by lawyers Susan G. Kupfer, Jeff S. Westerman and Marc M. Seltzer at no charge to the class member. Please note that the lawyers will request a % of the settlement pot.
A fairness hearing will take place at the United States District Judge, in Courtroom 1 of the United States Courthouse, at 312 North Spring Street, Los Angeles, CA 90012. on December 2, 2013 at 10:00 a.m. The case will be overheard before the Honorable S. James Otero. The Korean Air Passenger Cases Class Counsel will represent all class members.
Class members are defined as anyone who bought one ticket for air passenger travel on Asiana Airlines or Korean Air Lines and the purchase was:
- Made in the United States;
- For a flight originating in the United States and ending in Korea or a flight originating in Korea and ending in the United States; and
- Made between January 1, 2000 and August 1, 2007 (the “Class Period”)