LAWSUITS NEWS & LEGAL INFORMATION
Toshiba Settles LCD Antitrust Class Action for $30M
This is a settlement for the Antitrust lawsuit.
San Francisco, CA: Toshiba Corporation announced today that it has settled claims of alleged antitrust violations in the LCD business brought by direct purchasers of LCD panels and certain products containing such panels.
Toshiba will pay US$30 million, and the Plaintiffs will relinquish all claims for damages, fees, costs and other relief. The agreement is subject to approval by the U.S. District Court for the Northern District of California (San Francisco).
This settlement follows an $87 million July 3 jury verdict against Toshiba.
Published on Sep-11-12
Toshiba will pay US$30 million, and the Plaintiffs will relinquish all claims for damages, fees, costs and other relief. The agreement is subject to approval by the U.S. District Court for the Northern District of California (San Francisco).
This settlement follows an $87 million July 3 jury verdict against Toshiba.
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