Asiana Airlines' and Korean Air Lines' Passengers Could be Affected by a Class
LOS ANGELES, Sept. 9, 2013
LOS ANGELES, Sept. 9, 2013 /PRNewswire-USNewswire/ -- Kinsella Media,
Court-approved Notice Provider for In re Korean Air Lines Co., Ltd. Antitrust
Litigation, announced that a Proposed Settlement has been reached in a class
action lawsuit for air travelers who flew to and from Korea. Individuals who
bought plane tickets in the United States from Asiana Airlines, Inc.
("Asiana") and Korean Air Lines Co., Ltd. ("Korean Air") for air travel
between the US and the Republic of Korea between January 1, 2000 and August 1,
2007 could be affected by the case. The case was filed in the United States
District Court for the Central District of California.
The Settlement resolves claims arising from Asiana and Korean Air's
("Defendants") conspiracy to unlawfully increase the cost of passenger
airfares and the fuel surcharge element of ticket prices. In 2011, Asiana
settled this case, and the Court granted final approval of the settlement.
Korean Air has now agreed to settle the case to avoid the cost and uncertainty
of going to trial. Korean Air has agreed to pay $39 million in cash and $26
million in travel coupons. This is in addition to the $11 million in cash and
$10 million in travel coupons Asiana paid when it settled.
Chicago Clearing Corporation has been appointed by the Court to be
administrator for the coupon portion of the settlements. It will create a
mechanism to aid class members in the transfer or exchange of coupons.
Complete details about the Settlement and the claims process can be accessed
on the Settlement Administrator's website at www.KoreanAirPassengerCases.com.
Individual passengers and businesses that bought an Asiana and/or Korean Air
ticket from January 1, 2000 to August 1, 2007 could be entitled to cash
benefits and travel coupons. The ticket(s) must have been purchased in the US
for a flight originating in the US and ending in Korea, or a flight
originating in Korea and ending in the US. In order to receive benefits,
Class Members will need to file a Claim Form. Class Members may file a claim
directly online at the website www.KoreanAirPassengerCases.com. Class Members
can also download, print, and mail in a copy of the Claim Form, or request
that a Claim Form be mailed to them. All claim forms must be submitted online
or postmarked by December 31, 2013.
Class Members have a choice of whether or not to stay in the Class. If Class
Members choose to stay in the Class, they will be legally bound by all orders
and judgments of the Court, and they will not be able to sue, or continue to
sue, the Defendants for the issues involved in this lawsuit. Class Members
who choose to stay in the Class may object to or comment on the Settlement,
and must do so by October 25, 2013.
Class Members that do not wish to be included in the Settlement can ask to be
excluded from the Class. They will not get any money or benefits from this
lawsuit, but they will keep any rights to sue Korean Air for these claims, now
or in the future, and will not be bound by any orders or judgments of the
Court. Class Members must exclude themselves in writing by October 25, 2013.
For more information regarding this lawsuit and Class Member rights, including
how Class Members can exclude themselves and how to get a copy of a detailed
notice, please visit www.KoreanAirPassengerCases.com, call 1-888-261-1921, or
write to: Korean Air Passenger Antitrust Litigation, P.O. Box 2436,
Faribault, MN 55021.
SOURCE Kinsella Media, LLC
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