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Airlines pay hundreds of millions to settle suit launched by former Sausalito retailer

A now defunct Sausalito-based importer of women's clothing, Paradiso Inc., helped launch a class action lawsuit against 19 airlines for price fixing cargo shipments that so far has resulted in settlements with eight airlines totaling about $275 million.

The suit alleges that the air carriers engaged in a global conspiracy to fix surcharges for fuel costs and security that were imposed after the Sept. 11, 2001, terrorist attacks and the beginning of the war in Iraq in 2003.

Read the full Marin Independent Journal Article: "Airlines pay hundreds of millions to settle suit launched by former Sausalito retailer."

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