Air Cargo Co. Looks To End Antitrust Case In Rare Plea

Law360, New York (April 27, 2012, 7:59 PM EDT) -- Florida West International Airways Inc. sought court approval Friday to plead no contest to criminal price-fixing charges, saying the unusual plea fit because it's being driven to financial ruin and blamed for the conduct of a former executive secretly employed by a rival carrier.

After nearly five years of investigation and prosecution, Florida West asked the Florida federal judge overseeing the case for permission to lodge a nolo contendere plea, a relatively rare step that allows a defendant to accept punishment for the charged offense without...
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