Last January, a series of massive wildfires broke out across the Los Angeles area, fueled by high winds and dry temperatures.

The Los Angeles city attorney’s office has filed a lawsuit against Airbnb, accusing the home-sharing platform of allowing price gouging at more than 2,000 rentals following the January firestorm.

Airbnb rental prices allegedly rose by more than 10%, a violation of the price gouging law set in place in response to the wildfires that swept through Pacific Palisades and Altadena ...

The lawsuit seeks fines of $2,500 for each instance of alleged price gouging in L.A., which could reach between 2,000 and 3,000 properties, or up to $7.5 million in total penalties.

The lawsuit seeks fines of $2,500 for each instance of alleged price gouging in L.A., which could reach between 2,000 and 3,000 properties, or up to $7.5 million in total penalties.