Tuesday, May 31, 2011

EVA Airways Corporation Agrees to Plead Guilty

A DOJ Press Releasereports that "EVA Airways Corporation has agreed to plead guilty and to pay a $13.2 million criminal fine for its role in a conspiracy to fix prices in the air cargo industry."  The press release states that "[u]nder the plea agreement, which is subject to court approval, EVA has agreed to cooperate with the department’s antitrust investigation."  This sometimes means that indictments will follow against some individuals in the corporation.

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http://lawprofessors.typepad.com/whitecollarcrime_blog/2011/05/eva-airways-corporation-agrees-to-plead-guilty.html

Investigations, Settlement | Permalink

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