The law firms of Cotchett, Pitre & McCarthy, LLP and Hausfeld, LLP has announced settlements have been reached with four airlines in class action lawsuits involving the price of airline tickets, the company said.
The Settling Defendants are: Air New Zealand, China Airlines (Taiwan), EVA Airways, and Philippine Airlines. Settlements were previously reached with eight Defendants. The lawsuit continues against the remaining Non-Settling Defendant airline: All Nippon Airways.
The lawsuits claim that the Defendants agreed to fix prices on tickets for transpacific air travel. As a result, ticket purchasers may have paid more than was necessary. The Settling Defendants deny the allegations and deny that they have any liability. The Defendant airlines also deny liability, although ANA has pled guilty to fixing the prices of certain discounted tickets.
The Settling Defendants have agreed to pay $49,900,000 plus an additional $750,000 to help pay a portion of the cost of notice and administration of these Settlements.