poohhead80
Mar 11, 11, 9:28 pm
I received the following email.
Does anyone have knowledge about this?
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From: Korean Air Passenger Antitrust Litigation <KoreanAirPassengerCases@vertismail.com>
Subject: Important Notice About Korean Air Lines and Asiana Airlines
Date: Friday, March 11, 2011
If You Purchased a Ticket in the U.S. on Korean Air Lines or Asiana Airlines
A Class Action Settlement May Affect Your Rights
There is a proposed Settlement with Asiana Airlines, Inc. (“Asiana”) involving an alleged conspiracy by Korean Air Lines Co., Ltd. (“Korean Air”) and Asiana (“Defendants”) to fix prices for air passenger travel between the U.S. and the Republic of Korea (“Korea”). The Defendants deny the claims in this lawsuit.
Am I a Member of the Class? The Class includes individuals and businesses (including travel agents and corporations) who bought at least one ticket for passenger air travel on Asiana or Korean Air. The purchase must have been 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, with the purchase date between January 1, 2000 and August 1, 2007.
What Does the Settlement
Provide? Asiana has agreed to pay $11,000,000 in cash, $10,000,000 in travel vouchers, and up to $60,000 in notice and administration costs. Your benefits will be based on the total dollar amount of the tickets you purchased as well as on the number of valid claims that are filed.
How to Get Benefits? You will need to submit a claim to ask for benefits. Benefits will be distributed at the end of the litigation. You should save the records of your purchases and check the website below to receive a claim form when they become available.
Your Other Rights. If you do not want to be legally bound by the Settlement, you must exclude yourself in writing from the Class. The deadline to exclude yourself is May 16, 2011. If you stay in the Class you will not be able to sue Asiana for any claims relating to the Settlement. If you stay
in the Class, you may object or comment on the Settlement by May 16, 2011. The detailed Class Notice, available below, explains how to exclude yourself from the Class or object to the Settlement.
The Court will hold a hearing on June 27, 2011, at 1:30 p.m. to consider whether to approve the Settlement. It will also consider whether costs and expenses will be reimbursed to Class Counsel and whether certain amounts will be set aside for ongoing litigation costs and expenses. Class Counsel are not seeking attorneys’ fees from the Settlement Fund at this time. You or your own lawyer may ask to appear and speak at the hearing at your own cost.
To view the Class Notice and for more information: www.KoreanAirPassengerCases.com or call
1-888-261-1921.
Sincerely,
Korean Air Passenger Antitrust Litigation Administrator
Does anyone have knowledge about this?
-----------------------------------------
From: Korean Air Passenger Antitrust Litigation <KoreanAirPassengerCases@vertismail.com>
Subject: Important Notice About Korean Air Lines and Asiana Airlines
Date: Friday, March 11, 2011
If You Purchased a Ticket in the U.S. on Korean Air Lines or Asiana Airlines
A Class Action Settlement May Affect Your Rights
There is a proposed Settlement with Asiana Airlines, Inc. (“Asiana”) involving an alleged conspiracy by Korean Air Lines Co., Ltd. (“Korean Air”) and Asiana (“Defendants”) to fix prices for air passenger travel between the U.S. and the Republic of Korea (“Korea”). The Defendants deny the claims in this lawsuit.
Am I a Member of the Class? The Class includes individuals and businesses (including travel agents and corporations) who bought at least one ticket for passenger air travel on Asiana or Korean Air. The purchase must have been 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, with the purchase date between January 1, 2000 and August 1, 2007.
What Does the Settlement
Provide? Asiana has agreed to pay $11,000,000 in cash, $10,000,000 in travel vouchers, and up to $60,000 in notice and administration costs. Your benefits will be based on the total dollar amount of the tickets you purchased as well as on the number of valid claims that are filed.
How to Get Benefits? You will need to submit a claim to ask for benefits. Benefits will be distributed at the end of the litigation. You should save the records of your purchases and check the website below to receive a claim form when they become available.
Your Other Rights. If you do not want to be legally bound by the Settlement, you must exclude yourself in writing from the Class. The deadline to exclude yourself is May 16, 2011. If you stay in the Class you will not be able to sue Asiana for any claims relating to the Settlement. If you stay
in the Class, you may object or comment on the Settlement by May 16, 2011. The detailed Class Notice, available below, explains how to exclude yourself from the Class or object to the Settlement.
The Court will hold a hearing on June 27, 2011, at 1:30 p.m. to consider whether to approve the Settlement. It will also consider whether costs and expenses will be reimbursed to Class Counsel and whether certain amounts will be set aside for ongoing litigation costs and expenses. Class Counsel are not seeking attorneys’ fees from the Settlement Fund at this time. You or your own lawyer may ask to appear and speak at the hearing at your own cost.
To view the Class Notice and for more information: www.KoreanAirPassengerCases.com or call
1-888-261-1921.
Sincerely,
Korean Air Passenger Antitrust Litigation Administrator