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Southwest settles lawsuit over safety issues
November 3, 2009
Southwest Airlines Co. has agreed to settle a shareholder lawsuit that grew out of safety violations at the carrier and will pay the investors’ lawyers $3.5 million.
Southwest disclosed the proposed settlement in a regulatory filing made Friday. A hearing on the deal was scheduled for Dec. 7 in state district court in Dallas.
The lawsuit was filed in August 2008, after the Federal Aviation Administration announced it would fine Southwest $10.2 million for operating some planes that had not gone through a required inspection for structural soundness. Southwest settled by agreeing to pay a $7.5 million penalty.
Read Article: Houston Chronicle
Posted By: Phoenix DUI Attorney
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