Florida West Fined $1M For Price-Fixing After Rare Plea

Law360, New York (November 2, 2012, 6:22 PM EDT) -- A federal judge sentenced Florida West International Airways Inc. on Friday to pay $1 million over a five-year period after allowing the carrier to make an unusual no-contest plea to charges that it conspired to fix air cargo rates.

The sentence from U.S. District Judge Robert N. Scola Jr. matched what the U.S. Department of Justice had requested in its sentencing memorandum filed last week in the case, in which Florida West was accused of conspiring to rig shipment prices on northbound cargo shipments from Colombia...
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